Dear Sir
We have importing goods (baby products) from one company (non-resident) in Hongkong. We have remitted them. Now that company has raised one invoice towards commission. Whether we need to deduct TDS ?? - What is the rate of TDS. or How to save the TDS.
Regards
Sumedh
Invoicing Commission for Baby Products: TDS Deduction Advice under Sections 195 or 194H, DTAA Exemption, and 15CB Certificate A company in Hong Kong invoiced a commission for baby products to a buyer who queried whether tax deducted at source (TDS) was required. One response advised deducting TDS at the higher rate between sections 195 or 194H, suggesting a DTAA exemption certificate to reduce TDS liability. Another response referenced a relevant case for guidance on nil TDS. A third response mentioned that payment could be made without TDS if a 15CB certificate from a Chartered Accountant was obtained. (AI Summary)
TaxTMI 
TaxTMI 
TaxTMI 
