TDS ON SHIPPING DUES,PORT WHARFAGE ETC.

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This query is : Resolved

CA Praveen Chopra (Querist)

29 February 2008 If a CHA raises an invoice for shipping dues,port wharfage & other port dues for a consolidated amount without giving any breakup for these charges in the invoices,what is the rate of tds applicable in such transaction.Either 2% treating whole amount under 194C or 20% treating whole amount against hiring ( i.e. port wharfage )

If u find any problem in understanding this point bcoz of my language write me back

Sanjeev Kumar Sharma

Sanjeev Kumar Sharma (Expert)

01 March 2008 yes 2% + 3% on 2% education cess u/s 194C as contract

CA Praveen Chopra

CA Praveen Chopra (Querist)

01 March 2008 Will u refer any case law in support of ur view.

Rakesh

Rakesh (Expert)

17 March 2008 In this regrd if you have contract from shipping agency and taken on rental basis thatn the same will be trated as Rent Paid and if the contract was not made by him and the amount paid by the CHA on behalf of us the TDS should be deducted @ 2% +Ecess.

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