If Clearing and forwarding agent raised a bill like this one Air Freight charge Rs 100/- without GST Service Charge Rs 20 + GST other charges Rs 25+GST My question is which part of this will attaract TDS ?
Replies (2)
Quick Summary
This discussion clarifies the Tax Deducted at Source (TDS) implications for composite bills issued by clearing and forwarding agents. It explains that TDS is applicable on the total bill amount, including service charges and other charges, but excluding GST. The TDS rate is 2% if the forwarder is a company, and 1% otherwise.