[Inpycon] Receiving funds from foreign sponsors

Kenneth Gonsalves lawgon at gmail.com
Tue Mar 15 02:46:40 CET 2011


On Mon, 2011-03-14 at 18:05 +0530, Ramdas S wrote:
> > X is IPSS, Y is an Indian company, Z is foreign sponsor. Please note
> that
> I'm suggesting is 100% legal, to my best of knowledge. Y is
> facilitating a
> foreign collaborator to sponsor an Indian event, and for which Y will
> pay
> service tax, and since the service does not belong to any of the
> illegal
> services, and is accounted for, I do not see any issues.
> 
> 

it is violating the law in spirit if not in the letter.
-- 
regards
Kenneth Gonsalves
http://lawgon.livejournal.com/



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