Query relating to transporter payment

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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

24 April 2013 Dear Experts

Please help me in clearing the concept in regard to matter of Transporter payment:

1. What is the Max. Cash Payment Limit?
2. Is there any threesold limit for it?
3. When TDS liability on Transporter payment
arise & how to avoid it?

4. When Service Tax need to pay on payment to transporter freight?

Your reply is highly appreciated.

Regards

Rupesh Jain

Rupesh Jain (Expert)

24 April 2013 1. RS. 30000/- IN A DAY
2. 30000/- IN A DAY
3. IN TPT HAVE NO PAN THEN 20% OTHER NO TDS
4. YES ON FREIGHT 3.09% (25% OF 12.36)

THANKS

Querist : Anonymous

Querist : Anonymous (Querist)

24 April 2013 Pls clarify more on Query No. 4 & still open.

CA Vikas Acharya

CA Vikas Acharya (Expert)

24 April 2013 for answer 1 & 2 its 35000 not 30000,
for ans. 4.
when the person who pays the freight is registered as
factories act, any society, co-operative society, central excise act, body corporate, and AOP or partnership firm whether registered or not

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