Section 194C - Freight Charges
This query is : Resolved
21 November 2009
Dear All,
Are provisions of section 194C of the I. T. Act applicable to Freight Charges recovered through the sales invoice? i.e. A supplier has charged a sum of Rs. 30,500/- in the Sales Invoice raised by him, as Freight Charges (for delivery of goods to the godown of the purchaser). Is the Purchaser liable to deduct tax at source of the amount of Rs. 30,500/-?
Does it make a difference if the supplier had hired the freight carrier service for the delivery at the request of the purchaser? (the supplier has deducted TDS on payment made to the freight carrier service).
Thnx & Regards,
Niki
Are provisions of section 194C of the I. T. Act applicable to Freight Charges recovered through the sales invoice? i.e. A supplier has charged a sum of Rs. 30,500/- in the Sales Invoice raised by him, as Freight Charges (for delivery of goods to the godown of the purchaser). Is the Purchaser liable to deduct tax at source of the amount of Rs. 30,500/-?
Does it make a difference if the supplier had hired the freight carrier service for the delivery at the request of the purchaser? (the supplier has deducted TDS on payment made to the freight carrier service).
Thnx & Regards,
Niki
22 November 2009
No requirement of deduction of tax if sales invoice is inclusive of freight.but in second case TDS should be made.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CAPITAL GAIN BASE ON NOTIFICATION
- Unregistered suppliers utility
- NRI starting business in India
- ITDS U/S.194T of Firm
- FCRA 6 E- Intimation
- Resigning a auditor from the company for misconduct
- Filling ITR - U
- TDS ON EMAIL DOMAIN SERVICE BILL
- Eway bill not cancelled within 24 hous what can be due
- EXPORT COMMERCIAL INVOICE HSN CODE
- Taxable or Tax exempt
- How to pay remaining amount of TDS after due date?
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
