17 April 2024
Hello Team, I got an offer from JAPAN company. Where i suppose to work from India with intermittent visits to JAPAN for 2-3 weeks. I would need your assisnace on tax part. My queries are as follows
1) Where should i ask them to deposite my salary a) Indian Bank Account b) International bank Account c) JAPAN bank Account 2) If salary is created in Indian Bank Acc a) Do i need to pay tax in JAPAN? b) Do i need to pay tax in india? c) Both? d) do i need to pay GST in india? 3) If salary is created in International bank Account/ JAPAN bank account a) Do i need to pay tax in JAPAN? b) Do i need to pay tax in india? c) Both? d) do i need to pay GST in india?
17 April 2024
1) a) Indian Bank account. 2) c) both with a relief of double taxation benefits claim in India. d) No, it will fall under export of service. Register under GST and submit LUT no GST payable. 3 c) both with double taxation relief. d) No GST.
18 April 2024
please check whether the salary being paid to you is actually shown as salary or not by your employer. Are they deducting any payroll tax in Japan on it. Often, employers pay their foreign employees in form of professional fee. In such a case, there wont be any tax compliance required in Japan. Rest of the compliances will be as suggested by Seetharaman ji above.
CAclubindia
