Tds on transport bill provided by c& f agent
This query is : Resolved
16 May 2017
Who will be responsible for the TDS deduction on Transport bills in the case of C&F agents who give the transport reimbursement bill.
16 May 2017
TDS not applicable on transport reimbursement bill paid to C&F agent.
16 May 2017
If the transporter has more than 10 vehicles.In that case, also the responsibilities of TDS deduction will not be of C&F Agents or Company ??
16 May 2017
In such a case the responsibility of TDS is on C&F Agent.
16 May 2017
Sir , if possible please provide us any notification.
16 May 2017
Payments made to clearing and forwarding agents for carriage of goods are subjected to deduction of tax at source under section 194C, since unlike the travel agents, they are independent contractors. They would also be liable to deduct tax at source while making payments to a carrier of goods—Circular : No. 715, dated 8-8-1995.
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