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.

--

--
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