Commercial training and coaching
This query is : Resolved
04 January 2014
Dear Sirs,
We are running a commercial training institute.We are providing International certifications in networking and are the official training partner of m/s Red hat India (P) Ltd.My question is If a foreigner come across india for attending the training and is paying his fees by way of direct transfer from his home country to our bank account which is in foreign currency.The bank is issuing us Foreign Inwards Remittance Certificates.whether we get any exemption from paying tax.
We are running a commercial training institute.We are providing International certifications in networking and are the official training partner of m/s Red hat India (P) Ltd.My question is If a foreigner come across india for attending the training and is paying his fees by way of direct transfer from his home country to our bank account which is in foreign currency.The bank is issuing us Foreign Inwards Remittance Certificates.whether we get any exemption from paying tax.
06 January 2014
there would be exemption under export of service rules if the services have been provided outside india BUT
question arises as per place of provision rules what will be the place of provision of service from taxation point of view, the answer lies in rule 4 of said rules.
and place is where services actually performed i.e, INDIA, i.e, TAXABLE TERRITORY.
hence taxable.
no exemption.
question arises as per place of provision rules what will be the place of provision of service from taxation point of view, the answer lies in rule 4 of said rules.
and place is where services actually performed i.e, INDIA, i.e, TAXABLE TERRITORY.
hence taxable.
no exemption.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- TDS U/S. 194NF
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- GST ON EXPORT COMMISSION
- Stock difference tax applicable on composite rate or normal rate
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
Trending Online Classes
CAclubindia
