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Regarding tds deduction on payment to cfa

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Querist : Anonymous

Querist : Anonymous (Querist)

24 May 2013 we are a proprieetorship firm and appoint a cfa for all custom clearance formallities. cfa produce mainly three types of bill to us
1. agency charges bill include service tax
2. for all exp like payment of custom duty,handling charges, stamp duty,ammendment charges etc
3. for transportation charges (port to our warehouse)

now my question -whether tds liability on above all bill payment ?
also please tell me limit for tds .
thanks to all

Ganeshbabu K

Ganeshbabu K (Expert)
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24 May 2013 TDS 194C APPLICABLE FOR CFA

no pan: 20%

threshold limit

single bill 30000 and total credits in financial year 75000

1)TDS Applicable only on agency charges including on servicetax

2) TDS not applicable to re-imbursement expences provided there is a seperate bill and actual invoices are provided by cfa agent.

3)tds applicable on transportation of goods from port to ware house.

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