1) Is TDS or Service Tax liable for any foreign commission paid to foreign co. (FC)...??? if yes, how much TDS to be deducted & how much service tax payable..???
2) Service tax paid on foreign remittance to FC, can we claim back or no...??
11 February 2010
1 if TDS is paid to foreign co directly to outside India then no TDS u/s 195. Service Tax will also be applicable on 10.3%. 2 yes you can take credit
CAclubindia
