194C TDS TO TRANSPORTOR
This query is : Resolved
28 October 2009
DEAR SIR
WE ARE IN A BUSINESS IN WHICH WE HAVE TO MOVE OUR CONTAINER FROM ONE STATE TO OTHER & FROM ONE PLACE TO ANTOHER AND DO THE SAME THROUGH TRANSPORTER.
HENCE WITH THE NEW CHANGE IN TDS W.E.F 1.10.09 UNDER SECTION 194C WHERE A Persons carrying business of plying, hiring or leasing goods carriages NEED NOT DEDUCT TDS IF PAN IS AVAILABLE. WOULD LIKE TO KNOW IF IN OUR BUSINESS TOO, THE SAME CONDITION CAN BE ALLOWED AND TDS NEED NOT BE DEDUCTED FOR MOVEMENT OF CONTAINER FROM ONE PLACE TO ANOTHER.
AND WOULD ALSO LIKE TO KNOW IF ANY PROCEDURE NEED TO BE FOLLOWED
REGRDS
ATUL
WE ARE IN A BUSINESS IN WHICH WE HAVE TO MOVE OUR CONTAINER FROM ONE STATE TO OTHER & FROM ONE PLACE TO ANTOHER AND DO THE SAME THROUGH TRANSPORTER.
HENCE WITH THE NEW CHANGE IN TDS W.E.F 1.10.09 UNDER SECTION 194C WHERE A Persons carrying business of plying, hiring or leasing goods carriages NEED NOT DEDUCT TDS IF PAN IS AVAILABLE. WOULD LIKE TO KNOW IF IN OUR BUSINESS TOO, THE SAME CONDITION CAN BE ALLOWED AND TDS NEED NOT BE DEDUCTED FOR MOVEMENT OF CONTAINER FROM ONE PLACE TO ANOTHER.
AND WOULD ALSO LIKE TO KNOW IF ANY PROCEDURE NEED TO BE FOLLOWED
REGRDS
ATUL
Ram Avtar Singh
(Expert)
28 October 2009
If Transporter Quoted his pan no. no tds on that bill. no new more.
30 October 2009
If you are making payment to the transporter for transport of your goods and the transporter provides PAN no then you do not have to deduct TDS on the payment you made to them.
06 November 2009
enough explanation from both ram avtar and ramprasad. nothing new.
Taranjit Singh
(Expert)
06 November 2009
The nil rate will be applicable if the transporter quotes his PAN. If PAN is not quoted the rate will be 1% for an individual/ HUF transporter and 2% for other transporters upto 31.3.2010
Taranjit Singh
(Expert)
06 November 2009
The nil rate will be applicable if the transporter quotes his PAN. If PAN is not quoted the rate will be 1% for an individual/ HUF transporter and 2% for other transporters upto 31.3.2010
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