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Tds on fright

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 June 2018 Sir, we have purchasethe goods from Interstate. that amount is Rs. 12 lakh and fright amt. is 35000 / - then do I have to pay fright after TDS deduction?
how many i deduct the tds

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Expert : Anonymous

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Expert : Anonymous (Expert)
07 June 2018 Yes you have to deduct TDS since the amount is greater than 30000. You have to deduct TDS under section 194C @1%, 2%, for Individual and HuF, Others respectively.

07 June 2018 No need to deduct TDS if he is give Valid PAN Number...

Otherwise deductible as per above...

07 June 2018 No TDS only if the transporter provide his PAN No. & No. of trucks should not be more than 10 at any point of the year.
Get confirmation from him as to the no. of trucks, if not provided deduct TDS @ 1% or 2% as the case may be.


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