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tds liablity

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(Querist)
19 June 2010 please explain what is the tax liability on company if truck freight paid by goods supplier on behalf of company, afterwards company paid credit to supplier for same ( if there is no pan)
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Shudhanshu Agrawal

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Shudhanshu Agrawal (Expert)
19 June 2010 As per Section 194C with effect from Oct 1,2009 TDS on transporter shall not be applicable if they furnish their PAN no to the deductor.
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Shyam Lal Naik

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Shyam Lal Naik (Expert)
19 June 2010 If the payment is on behalf of the company(purchaser), then, TDS is required to be deducted, in the instant case, @ 20%.

However, if the freight is recovered by the supplier, freight payment happens to be the responsibility of the supplier and the supplier is liable to deduct TDS.
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