Tds on sales on flipkart or any e-commerce site
This query is : Resolved
06 April 2015
I have a general doubt on sales on e commerce sites
if i sell a product on flipkart to a customer the amount flipkart remits to me is net of the commission it charges,
now is tds payable on commission as my limit exceeds 5000 and if
so, then should i pay tds u/s 194H and claim that amount from flipkart because if he doesnt refunds me that amount then i am at a loss and flipkart gets a benefit
please suggest a solution for the same
06 April 2015
You should comply with sec 194 H for sure. Pay the TDS and raise a Debit Note for the TDS amount and get it reimbursed from them. It is a standard procedure being followed by many of the clients e-commerce dealers.
NB: But only upon the receipt of Form 16, they will release the payment.
NB: But only upon the receipt of Form 16, they will release the payment.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Treatment of Pension ?annuity returns on PMVY
- Soyabean hsn code and gst rate
- TAN for Partnership
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Free lancer income
- Last year TDS Claim
- TDS related Query_Liquidated Damages
- LTCG for Assmt year 26-27
- Long Term Service award taxability in hands of company
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- ITR selection for salaries and capital gain less than L
- Showing Gift from relative in ITR for this year
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
