Sir, we are having partnership firm. We paid transportation to individual transporters as well as gst registered transporters. Transport value more than 30k, now in this transaction can we deduct any TDS from transport bills.
Pls clarify
Yes, unless declaration given by transporter having less than 10 goods carriage.
Section 194C(6) provides exemption to small good carriage contractor/transporter (owning not more than 10 goods carriage at any time during the previous year) on furnishing of PAN along with the declaration to that effect to deductor from TDS.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
View Details
CAclubindia
