Ashwini Hegde's Insights

If I move to India temporarily for a project (less than 5 months), how will I be taxed in India if I’m working for an American company? I will be paid in USD There are 4 points to consider in arriving at the taxability of any income in India Residential Status of assessee / person Country in which Income arises / accrues Section 9 - Scope of total Income Double Taxation Avoidance Agreement or Treaty In your case, you have stayed in India for a period of 150 days. However it is not clear if the entire period of stay is in one single financial year or begins in one FY and ends in the next FY If you are in India for the first time and are staying for a period of less than 180 days in a Financial Year, you are a non resident. If you stay in India for a period of 60 days or more in a FY, you will become a resident if you had also stayed in India for a total period of 365 days in 4 years preceding that FY. Income earned in India is taxable in hands of both Resident and non

What would GST be for modular kitchen manufacturers if we buy plywood, laminate it, make it into panels and install it in a customer’s house? There are 2 possible classifications of GST based on your nature of business It is less likely that you have ready made structures or furniture which the customer will buy, modular kitchen involves an array of services and goods including designing, labour, goods, transport and installation, may be after sale service like warranty. In such case it will be covered under works contract As per clause 119 of section 2 of CGST Act, 2017 - Works contract means a  contract for  building, construction, fabrication, completion, erection, installation, fitting out, improvement, modification, repair, maintenance, renovation, alteration or commissioning  of any immovable property  wherein transfer of property in  goods (whether as goods or in some other form) is involved  in the execution of such contract Works contract is deemed as a service and

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