Dtaa rate - technical services recieved from austria

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

08 January 2016 We are making payment to Austrian Company for erection of Machinery Euro 3,000 Whether we have obligation to deduct tax at Source? If Yes, at what rate? Please specify.

Guest

Guest (Expert)

08 January 2016 If the machinery is erected in India, yes you have to deduct tds. For rate of deduction of TDS it will be 41.2% if Austrian Co has a PE in India. Else if it does not have PE, you can deduct at 10%, provided you get certificate of residence of the Austrian Company in the required format.

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