.CASE : Victor is a US based Foreign Consultant engaged by an Indian Company to deal with their US Customers on Quality & technical issues with customers & guide Indian Company on quality & process area.
He is to be paid from India :-
A) Expense Reimbursement :
Reimbursement of his travelling expenses ( thru Credit Card )for visits to customers in US and also any visit to Indian factory
He may be provided with a Credit Card by Indian Company for such expenses.
B) a Professional Retainership of USD 3000 per month
during period of contract
like to know the TDS / witholding tax applicability on above Two types of payments.
Also is there any service Tax liability on Indian company for the services received from overseas consultant.
CAclubindia
