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Question ID : 28425

TDS u/s -195

A College is going to make payment of USD 5400 to a USA Company towards cost of Software including campus license fee ,we have issued PO on USA company and said foreign company have office in Noida,INDIA as per its web site. College will buy licenses to use the software-as-a-service website by online. It is online information and database access or retrieval services (OIDAR services) as per GST. USA company has provided (a) No PE certificate (b)TRC (c)Form 10-F Indian PAN number . As per USA –India DTAA payment for computer software is not royalty. In this regard, can you please advice us whether we will deduct tax us195? if tax has to be deducted then at what rate 10 or15?

Posted by Prasanna Kumar Sahoo on Jan 23, 2018

Filed Under TDS/TCS