TDS Applicable on Foreign Payment for Commission

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..... TDS Applicable on Foreign Payment for Commission
Query (Issue) Started By: - Virender Singh Kang Dated:- 8-8-2012 Last Reply Date:- 9-8-2012 Income Tax
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Income Tax
Dear Sir, T .....

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..... he agent in Qatar has got us the Order for Export from INDIA against LC at Site Payment after dispatch of Goods. We need to pay the agent the commission or fees for local support to the customer. Wha .....

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..... t is the tax implication and how can we pay the amount in US Dollar to the agen in QATAR Reply By JAMES PG: The Reply: TDS not applicable on export commission paid to overseas agent as per the provi .....

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..... sions of Section 5(2) and 9 of the Act .Service Tax @12.36% is applicable for overseas commission under reverse charge
Discussion Forum - Knowledge Sharing .....

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