Rashmi (Company Secretary) (49 Points)
30 June 2011can anybody provide me list of compliances and formalities involved in import of services by Indian Parent Company from its foreign WoS under FEMA, Companies Act, Taxation.
CA. Anuj Gupta
(Practices in NRI Int.Tax FEMA TP FDI/FIPB & FCRA)
(7024 Points)
Replied 13 July 2011
| Originally posted by : Rashmi | ||
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can anybody provide me list of compliances and formalities involved in import of services by Indian Parent Company from its foreign WoS under FEMA, Companies Act, Taxation. |
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FEMA
No restrictions.
Service Tax
Reverse service tax liabillity shall be there
Taxation
TP & sec. 195 provisons shall apply.
Anuj
0-9810106211
CAclubindia
