R & D Cess @ 5 % is payable on Total Royalty amount or after deducting TDS from Royalty amount i.e. Net Royalty amount.
Menu
R & D Cess
Replies (1)
AS PER R&D CESS ACT ,1986 UNDER SECTION 3 OF THE ACT , A CESS @ 5 % IS LEVIED ON ALL PAYMENTS MADE TOWARDS THE IMPORT OF TECHNOLOGY
THE CESS HAS TO BE CALCULATED ON THE TOTAL ROYALTY AMOUNT.
Recent Threads
- A Restaurant registered under the Composition Sche
- GST RATE OF OUT DOOR CATERING
- Non resident taxation & income tax in India
- GST Rate for oral Hygiene Combo Pack
- GST registration - Address error
- TDS on property pu
- Import of goods IMS action related
- Incometax Survey - Updated Return Filing after the
- TCS under 206C(1F)
- Effect on Cost of Control when Bonus Issue is from
Related Threads
CAclubindia
