kindly advise,
For services received from foreign consultants, who do not have any permanent establishment in India, we are required to pay withholding tax and service tax.
Value of services - USD 1000 say Rs.45000/- withholding tax 10% Rs.5000/- whether as service receiver, we need pay service tax @ 10.3% on Rs.45000 or Rs.50000/-
Kindly advise relevant sections/circulars
regards