Tds on reimbursement of octroi
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 August 2011
In Mumbai there is octroi, In indore there is Cess 2% Entry Fee
My query is
That Our dealer to whom we sell our goods, on our behalf paid Octroi & cess
on quaterly or monthly basis they provide detail & we have to reimburse the same to them.
sometimes amount exceeds 1 lacs
we do like this we take our quarly sale to that dealer supoose it is 60 lacs * 2% for cess = 1,20,000
So we need to deduct TDS on 120000 or not
for this dealer provide us copy of cess payment challan or octroi receipts
My query is
That Our dealer to whom we sell our goods, on our behalf paid Octroi & cess
on quaterly or monthly basis they provide detail & we have to reimburse the same to them.
sometimes amount exceeds 1 lacs
we do like this we take our quarly sale to that dealer supoose it is 60 lacs * 2% for cess = 1,20,000
So we need to deduct TDS on 120000 or not
for this dealer provide us copy of cess payment challan or octroi receipts
31 August 2011
Hi,
As per my understanding, payments made to govt. for any taxes, TDS is not applicable.
As per my understanding, payments made to govt. for any taxes, TDS is not applicable.
01 September 2011
Octrai & Cess are nature of tax payment so TDS will not apply. also it is paid as reimbursement in some person also TDS not apply
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