Whether TDS applicable on Clearing and Forwarding Agent , if yes than under which section. Please provide some reference.
With regards
Menu
TDS applicable on Clearing and Forwarding Charges ?
Replies (3)
Payments to Clearing and Forwarding agents for carriage of goods are subject to TDS. The Clearing and Forwarding agents themselves are also liable to deduct tax on payments to a carrier of goods. [Circular No.715 dt.8-8-1995]
regards,
ratan
Section 194C shall apply and rate of TDS that wiil be applicale are 2% (Company,firm.Co-op Society,Local authority) and 1% (HUF , Individual).
regards,
ratan
thnx for reply....
| Originally posted by : Ratan Deep Saxena | ||
 |
Payments to Clearing and Forwarding agents for carriage of goods are subject to TDS. The Clearing and Forwarding agents themselves are also liable to deduct tax on payments to a carrier of goods. [Circular No.715 dt.8-8-1995] regards, ratan |
 |
Recent Threads
- Waste Management services
- Seeking Clarity: New Transport Allowance Limits (D
- Query regarding Consolidated Gift Deed for Bank Tr
- TDS u/s194IB - Joint Ownership
- Free GST Reconciliation Tool in Google Sheets R
- NRI return after due date refund case
- TDS u/s 194J - training honorarium
- WHERE TO REGISTER UNDER PTRC AND PTEC ACTS ?
- Key Corporate Compliance Requirements for Private
- Gst Non Filling Return Notice
Related Threads
CAclubindia
