Deduction of tds
This query is : Resolved
02 April 2015
Hi
One of My client deals with snap deal. Its an online sales made on behalf of Snap Deal.
The Snap Deal raises an invoice to my client as
Stock out Commission - Rs. 90,000
Incentive- Rs. (35000)
Packaging Facilitation Fees- Rs 27,000
Freight Post Ship Charges-65,000
Courier Fee-6,50,000
Marketing Fee- 15,00,000
Payment Collection Fee-8,00,000
Insurance- 5000
And Service tax on all the above - 4,50,000
My Question is
Is my client liable to deduct the TDS on the above, if so on which all amount and under what section.
One of My client deals with snap deal. Its an online sales made on behalf of Snap Deal.
The Snap Deal raises an invoice to my client as
Stock out Commission - Rs. 90,000
Incentive- Rs. (35000)
Packaging Facilitation Fees- Rs 27,000
Freight Post Ship Charges-65,000
Courier Fee-6,50,000
Marketing Fee- 15,00,000
Payment Collection Fee-8,00,000
Insurance- 5000
And Service tax on all the above - 4,50,000
My Question is
Is my client liable to deduct the TDS on the above, if so on which all amount and under what section.
02 April 2015
only on commision amount and excluding the service tax should be charged to tds u/s 194H as there is agent - principle relationship
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02 April 2015
The Commission what they are Collecting is the "STOCK OUT COMMISSION " for not having delivered the goods for which the order was received. And not the commission on other actual sales made.
02 April 2015
https://taxguru.in/income-tax/section-194h-tds-commission-brokerage-faqs.html
you can refer this and decide.
you can refer this and decide.
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