Service tax and tds

This query is : Open

sumit (Querist)
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24 June 2015 Dear Members,

one of the our shipping agencies raised a bill on us as..

international safety port surcharge (o) ***
ICD pendency surcharge (o) ***
ISR (o) ***

dest. thc (P) ***
cleaning charges (P) ***
Infrastructure cess (P) ***
Maintenance charge (P) ***

D/O fees (A) ***
EDI charge (A) ***
Rail Congestion surcharge (A) ***
____

service tax
1. principal service tax (on "O" & "P") ***
2. agent service tax (on "A") ***

My query is
1. Why service tax is bifurcated on principal and agent?
2. whether credit of service tax is available? if available then on which amount?
3. whether TDS is deducted?

Rupesh Jain

Rupesh Jain (Expert)
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24 June 2015 IN ABOVE SOME AMOUNT IS REIMBURSEMNT TAKEN BY YOUR CLEARING AGENT. THEN TDS IS NOT APPLICABLE IF BILL SEPERATELY RAISED BY THE AGENT.

ON REMAIN YOU HAVE TO DEDCTED THE TDS U/S 194C IF MONERY LIMIT EXCEEDS.

IT MAY POSSIBLE YOUR AGENT IS SUB AGENT AND ITS RECOVER THE AMOUNT HE ALREADY PAY TO PRINCIPLE.

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sumit

sumit (Querist)
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24 June 2015 THANK YOU MR. RUPESH JAIN