26 March 2011
We are pvt. ltd. company. we are paying usd payment through director/employee credit card for server hire charges/misc services for company. After payment of expenses we pay the payment to employee/director credit card. This services expenses availing company bill also in name of company. What would be the liability of the company or employee regarding TDS/Import Services Tax/15CB/15CA. However 15CB/15CA processed before payment. But through credit card there is no need to 15CB/15CA because foreign company deduct automatic payment from the credit card. Please explain in detail.
CAclubindia
