19 March 2014
Dear Sir, Please guide me on the following Point. M/s ABC Company Pvt. Ltd., situated in India. Main Work / Business of said company is JobWork (Repair & Maintinance With Material) Raised Invoice in Following Pattern to XYZ Ltd., Company situated in Bhutan : BILL M/s ABC Company Pvt. Ltd. India To; XYZ Ltd, BILL No: 02 Bhutan BILL DT: 02/03/2014
Total of Material Sold 1146 Vat @ -- (Nil) due to Material Exported 0 Net Amount of Material Sold 1146
4 Labour Charges 354
Service Tax @ 12.36% on Labour Charges 44
Grant Total : (Net Amount of Bill ) 1544
The Main Question is that M/s XYZ Ltd., Bhutan, deducted TDS (TDS of Income Tax) @ 3% on amount Rs. 1544/- from our Payment /Invoice & Balance paid to us (1544 Less TDS @ 3% =46/- =Total Rs. =1498/- Paid to us). How we can get benifit of this TDS amount towards our Income Tax Liabilities. The Said Company give us TDS Certificate raised under Govt. of Bhutan. Your co operation will be highly appreciated. Thanking You. Your Sincerely,
(Ashok Kumar Pundir) Cell No : 9897049500 E_Mail : pundirask@rediffmail.com
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