Interest paid on delay payment to foreign vendor against supply of material is allowable under FEMA?
TDS applicable u/s 195?
CA Saroj Kumar
(Keen to learn something new every moments)
(2588 Points)
Replied 12 June 2014
Yes its allowed current account transactiuons........
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)