194Q applicability on High Sea Purchases including Customs or Not
This query is : Resolved
Quick Summary
Vipul Acharya
(Querist)
06 August 2021
Is TDS u/s 194Q deducted on High Sea Purchases including Customs or Not
As per clarification GST should not be included, if deducting TDS on purchases
As per clarification GST should not be included, if deducting TDS on purchases
CA Puja Sharma
(Expert)
06 August 2021
In my opinion TDS u/s 194Q will not apply in the case of imports. The provisions will apply when you make a purchase from a resident person. In high sea purchases, the supplier is outside India.
CA R SEETHARAMAN
(Expert)
06 August 2021
In case of high sea sales the supplier can be a resident of India.
In case of Indian importer he can sell the goods on high seas.
In case of Indian importer he can sell the goods on high seas.
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