Commission to Agent- export

Jayanta Bandyopadhyay (310 Points)

22 February 2023  

Our export shipping bill dated May 2020 includes commission of USD 57000 payable to Indonesia based non - resident Agent, not being a company or a foreign company.

 

CA mentions remittance without TDS  based on Form A2.

 

Is it correct? Also we are making payment in installments after 3 years? Any violation under FEMA?

 

Kindly advise.

 

Regards

Jayanta Bandyopadhyay