An Indian resident co. has taken services from an architect from Australia & USA. Will tax payment/tax liability differ if payment made is in U.S. Dollar?
2 Replies
Poornima Chandran
(Tax Consultant)
(30 Points)
Replied 29 July 2009
Under Import of service laws (laymen' terms); taxability under Architect service is examined from the viewpoint of where the property is located in relation to which the the architect's services were sought. If the property is located in India, then the possibility of being subject to service tax is quite significant.
CMA sukhada
(Financial Professional)
(26 Points)
Replied 29 July 2009
ok.. thanks.. just needed confirmation.. thanks alot
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