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TDS applicability on import of goods from korea

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Querist : Anonymous

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Querist : Anonymous (Querist)
20 May 2011 Dear All,

I just want to know that whether TDS is applicable if indian company import the goods from foreign company? (korea)

which are the grounds for applicability and non applicability of TDS.

Please explain.......
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Ashok Asthana

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Ashok Asthana (Expert)
20 May 2011 TDS is not applicable on purchase of material.

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