Service tax or gta to pay on tp charged by vendor invoice
This query is : Resolved
Shivanand Burge
(Querist)
17 February 2016
Hi,
Please let me know whether we have to pay GTA on transportation charges charged by supplier along with material value, whether TDS also applicable on transportation.
Kindly suggest for the same.
Thanks & Regards,
Shivanand
+91-9916220519
burgeshiva@gmail.com
Please let me know whether we have to pay GTA on transportation charges charged by supplier along with material value, whether TDS also applicable on transportation.
Kindly suggest for the same.
Thanks & Regards,
Shivanand
+91-9916220519
burgeshiva@gmail.com
S SRINIVASAN
(Expert)
18 February 2016
If the supplier is a body corporate, you need not pay GTA on Transportation charges as they will discharge the same.
TDS u/s 194C will not be applicable for transportation contract if they provide a declaration that they do not own more than 10 trucks and supply their pan. However in your TDS return you need to show the sum paid for Transport purpose separately and mark T Flag in the reason for non deduction column
TDS u/s 194C will not be applicable for transportation contract if they provide a declaration that they do not own more than 10 trucks and supply their pan. However in your TDS return you need to show the sum paid for Transport purpose separately and mark T Flag in the reason for non deduction column
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