Tds Import ocean freight

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880 Points Posted on 11 October 2022
We paid ocean import freight charges. The details are as follows.

Shipping line is in China

original carrier - Robinson FS is in China.

carrier ( Agent / Sister concern ) - Robinson's carrier (India ) Pvt.Ltd.
Mumbai

Freight Amt. 3000 USD.

Indian Amt.255000/-

Import ocean freight paid to Robinson's carrier (India ) Pvt. Ltd.
Rs.255000/-

My question is payment of ocean freight is liable to deduct TDs u/s 194C , Yes or not
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On 11 October 2022 at 19:27 Report
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Quick Summary
This discussion clarifies whether Tax Deducted at Source (TDS) under Section 194C is applicable on import ocean freight charges paid to an Indian agent of a Chinese shipping line. The consensus is that TDS is applicable at 2% when paying the Indian entity, though an important caveat notes that TDS is not applicable on payments made directly to foreign ships.

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13 Points Posted on 11 October 2022
Yes it is liable to deduct TDS u/s 194C sub sec 6 as per income tax law.
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On 11 October 2022 at 23:36
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880 Points Posted on 12 October 2022
Very very thanks
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On 12 October 2022 at 06:50
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tax consultant
3306 Points Posted on 13 October 2022
Yes you may deduct 2% under 194c
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On 13 October 2022 at 17:06
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CA Practice
147952 Points Posted on 03 June 2023

TDS not applicable on foreign ships.

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On 03 June 2023 at 08:45

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