Tds

No TDS on Transport.

From 01.10.09 onwards no TDS on Transporters.

if transporter have the pan than no tds is applicable. in case no pan than rate is 20%

I agree with Mr. Radhekrishna,

No TDS on payment to Transporters provided PAN number should be there.

Incase there is no PAN, deduct @ 20%

For your information, Kindly get the photocopy of the PAN Card for your safety issues.

Hope it helps

Thanks & Regards

As per the amended section 194C, through Finance Act (2) of 2009, No deduction shall be made from any payments made to a contractor during the course of business of plying, hiring or leasing goods carriages, on furnishing of his PAN to the deductor.

This new subsection 6 of 194-C makes such transport contractor to compulsorily provide PAN to the Deductor, failing to which TDS will be made by Deductor as per 194C.

If Transporter quoates PAN then Tds not applicable, Other wise  20% will be deducted