Use of International Credit Card while outside India - Approval ...

Notifications FEMA

July 1, 2023

Use of International Credit Card while outside India - Approval of RBI is not required for making payment by a person towards meeting expenses - Amendment in Foreign Exchange Management (Current Account Transactions) Rules, 2000 - Notification

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Use of International Credit Card while outside India - Approval ...

Notifications FEMA

July 1, 2023

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Permission for use of International Credit Card for making payment by a person towards meeting expenses, without the approval of RBI, withdrawn - Notification

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Levy of service tax - applicability of Reverse Charge Mechanism - Business Auxiliary Service - he services have been provided by the foreign agents to the foreign site...

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Export of services - various issues - provided outside India - Delivered Outside India - Services rendered in India - Used in India etc. - AT

Allowable deduction u/s 37(1) - disallowance of reinsurance premium payment made to non-resident reinsurers who do not have a place of business / branch in India - the...

Merely because payments have been made from India, the same cannot be made liable to be taxed in India insofar as payment was made to non-resident for the services...

TDS u/s 194H - “payment to Gateways” - Non deduction of tds - the “sale made on the basis of a credit card” is the transaction of the merchant establishment and that the...

Levy of IGST - credit card services - interest component of the Equated Monthly Instalments (EMI) of the loan granted by the respondent Bank on credit card - he services...

Income accrued in India - testing and other services - exception curved out to Article 12(5) of the India-Finland DTAA that when the fees is paid for technical services...

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