12 October 2013
NO TDS on Transportation expences for carraige of goods if transporter provides PAN however we need to provide details in TDS return . . https://www.caclubindia.com/articles/inclusion-of-transporters-details-in-tds-returns-are-mandatory-17543.asp#.UllSVFCnqWY . . Here the transporter means person who engaged in the business of carraige of goods in normal course of business
12 October 2013
As per the amended section 194C, through Finance Act (2) of 2009, No deduction shall be made from any payments made to a contractor during the course of business of plying, hiring or leasing goods carriages, on furnishing of his PAN to the deductor. This new subsection 6 of 194-C makes such transport contractor to compulsorily provide PAN to the Deductor, failing to which TDS will be made by Deductor as per 194C.
16 November 2013
There is Indian Agent of a Foreign Shipping Company who send the Cargo Arrival Notice with A Bill to make payment of the Freight & other charges. The Break up is as under.
1. Freight Charges ( USD converted in INR ) 2. Delivery Order Charges 3. LCL Charges 4. Transportation Charges 5. Peak Season Charges ( USD converted in INR) 6. Documentation charges
Whether TDS u/s. 194-C is applicable in the above case.
CAclubindia
