Tds????

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CA FINAL
1054 Points Joined December 2009

ONE OF MY CLIENT IMPORTS GOODS FROM OUT SIDE COUNTRY . WHILE DOING AUDIT OF THIS PROPRIETORY CONCERN I FOUND ONE BILL "xxx SHIPPING AGENCY" THIS BILL CONTAINS

STAMP DUTY                                        3776

TRANSPORTATION CHARGES        13500

SHIPPING CHARGES                         39422

CONTAINER CHARGES                     25922

OTHER CHARGES                              5000

ON THIS BILL AND 5 MORE BILLS ARE THERE ON WHICH TDS IS NOT DEDUCTED AND ASIDE THIS THE CHARGES OF RS.37000 TOWARDS CLEARING & FORWARDING QUARTERLY FOR WHOLE YEAR  ON WHICH TDS IS DEDUCTED.

SO MY QUESTION IS THIS K SHALL TDS SHOULD BE DEDUCTED ON ABOVE WORKED BILL???

THANX IN ADVANCE PLEASE SHARE KNOWLEDGE.

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On 24 May 2013 at 13:33 Report
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Audit and Tax Advisory
48564 Points Joined May 2012

payments made to C&F agent in the nature of re-imbursement of expences not attract to servicetax.

c&f agency charges will attract tds

transportation charges from port to factory will attract tds

no tds on re-imbursements expences provided seperate bill for re-ibursement expences and all original bills provided by c&F agent 

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On 24 May 2013 at 14:20
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CA FINAL
1054 Points Joined December 2009

ganesh ji thamk you .

but agency has raised bill containing all charges includig shipping & transportation which is reimbursement.

and all origional bill also provided.

so TDS not to deduct??

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On 24 May 2013 at 14:52
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Audit and Tax Advisory
48564 Points Joined May 2012

generally bll will be like this

 

seperate bill for all re-imbursement expences with out charging serviicetax for which tds is not applicable

c&F charges + servicetax on which tds is applicable

 

if u got the above two in a same bill tds on total bill will be applicable

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On 24 May 2013 at 15:28
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CA FINAL
1054 Points Joined December 2009

I HAVE SEPRATE BILL FOR CLEARING & FORWARDING CHARGES.

OTHER BILL OF XXX SHIPPING AGENCY CONTAINS TRANSPORT, STAMPDUTY, SHIPPING CHG, OTHR CHARGES & CONTAINER CARGES. ON WHICH TDS IS NOT DEDUCTED

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On 24 May 2013 at 15:32
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CA FINAL
1054 Points Joined December 2009

I HAVE SEPRATE BILL FOR CLEARING & FORWARDING CHARGES.

OTHER BILL OF XXX SHIPPING AGENCY CONTAINS TRANSPORT, STAMPDUTY, SHIPPING CHG, OTHR CHARGES & CONTAINER CARGES. ON WHICH TDS IS NOT DEDUCTED

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On 24 May 2013 at 15:50
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Audit and Tax Advisory
48564 Points Joined May 2012

then it will be ok, 

 

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On 24 May 2013 at 16:03


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