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Can indian company received management fee from foreign co.

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Querist : Anonymous

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Querist : Anonymous (Querist)
17 August 2012 Pl advise me on following point:-

We provide Quality testing service,Management service, discuss and approval of material and Taken order from Indian Company to China company on their behalf in India.

My question as following:-

1- Can we raised invoice to China company for our service in foreign currency.
2-if yes what is processor and what record should be maintain.
3- Where we require registration.
4-What is monetary limit for foreign in such case.
5-We already working in India as manufacture of AC and REF parts.
Pl give our advise.
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Amol S Joglekar

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Amol S Joglekar (Expert)
17 August 2012 Indian company can very well receive management fees from foreign company. It should be the golden feather in the crown.
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CA. Anuj Gupta

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CA. Anuj Gupta (Expert)
20 February 2013 1. Yes.
2. Service Tax Applicability shall come.
3. Yes under service tax.
4. No limit



Anuj
femaquery@gmail.com
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