Dear all, This list is public and archived. Please exercise restraint/ caution when dwelling on legal/ statutory matters. Regards, - sree On 14 March 2011 18:05, Noufal Ibrahim <noufal@gmail.com> wrote:
On Mon, Mar 14 2011, Ramdas S wrote:
[...]
I have spoken to my CA, and he has provided couple of loopholes, all we need to do is show, the foreign entity as a collaborator, and take the bill in name of a local company, and then raise an invoice back to the foreign entity from the company. There would be the small element of 10.3% of service tax involved, which can be waived off under some clause, which has to be shown through some paper work. I think this should not be a problem.
Loopholes are not something I'd like to step into and I think I speak for the majority of the people here.
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-- Sreekanth S Rameshaiah Executive Director Mahiti Infotech Pvt. Ltd. "OpenSpace", #583, Vyalikaval HBCS Layout, Nagawara, Veerannapalya, Bangalore, India - 560043 Phone: +91 80 4343 7373 Mobile: +91 98455 12611 www.mahiti.org