Tds
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 October 2013
what is the definition of Transporter for TDS u/s 194c
12 October 2013
NO TDS on Transportation expences for carraige of goods if transporter provides PAN however we need to provide details in TDS return
.
.
https://www.caclubindia.com/articles/inclusion-of-transporters-details-in-tds-returns-are-mandatory-17543.asp#.UllSVFCnqWY
.
.
Here the transporter means person who engaged in the business of carraige of goods in normal course of business
.
.
https://www.caclubindia.com/articles/inclusion-of-transporters-details-in-tds-returns-are-mandatory-17543.asp#.UllSVFCnqWY
.
.
Here the transporter means person who engaged in the business of carraige of goods in normal course of business
12 October 2013
As per the amended section 194C, through
Finance Act (2) of 2009, No deduction shall be
made from any payments made to a contractor
during the course of business of plying, hiring or
leasing goods carriages, on furnishing of his PAN
to the deductor.
This new subsection 6 of 194-C makes such
transport contractor to compulsorily provide PAN
to the Deductor, failing to which TDS will be
made by Deductor as per 194C.
Finance Act (2) of 2009, No deduction shall be
made from any payments made to a contractor
during the course of business of plying, hiring or
leasing goods carriages, on furnishing of his PAN
to the deductor.
This new subsection 6 of 194-C makes such
transport contractor to compulsorily provide PAN
to the Deductor, failing to which TDS will be
made by Deductor as per 194C.
13 October 2013
The is no specific Definition provided,but can be defined as..
The Word 'Transporter' in case of TDS and Service Tax refers to the person providing services of plying, hiring or leasing goods carriages..
No TDS deduction on Payment to Transporters if PAN furnished...
The Word 'Transporter' in case of TDS and Service Tax refers to the person providing services of plying, hiring or leasing goods carriages..
No TDS deduction on Payment to Transporters if PAN furnished...
13 October 2013
Agreed with above experts.
16 November 2013
There is Indian Agent of a Foreign Shipping Company who send the Cargo Arrival Notice with A Bill to make payment of the Freight & other charges. The Break up is as under.
1. Freight Charges ( USD converted in INR )
2. Delivery Order Charges
3. LCL Charges
4. Transportation Charges
5. Peak Season Charges ( USD converted in INR)
6. Documentation charges
Whether TDS u/s. 194-C is applicable in the above case.
If yes, on which amounts.... from 1 to 6.
Guidance is solicited from Gurus.
1. Freight Charges ( USD converted in INR )
2. Delivery Order Charges
3. LCL Charges
4. Transportation Charges
5. Peak Season Charges ( USD converted in INR)
6. Documentation charges
Whether TDS u/s. 194-C is applicable in the above case.
If yes, on which amounts.... from 1 to 6.
Guidance is solicited from Gurus.
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