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tds

This query is : Resolved 

12 November 2009 on behalf of importer, we have paid customs duty, octroi, warehouse and other charges approx 32,30,000, now party is deducting tds on whole amount, and our agency charges is rs.40,000/- now party is deducting tds on total bill amount with comes to rs.55000/- approx. please let us know whether it is correct?

12 November 2009 If you make a separate bill for agency charges and a debit note for other expenses like duty etc. with proof, TDS has to be done only on the CHA charges. On freight payments they can deduct from you and you have to deduct from the person whom you pay freight to.


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