TDS ON FREIGHT

Hi friends,

A supplier is raising an Invoice for GOODS and charging FREIGHT on the same bill

 

Should we deduct TDS. if yes on what amount .

 

(as per my knowledge it is contract of sale )

 

Illustration of  the invoice

Goods cost       10,00,000

freight cost             20,000

 

Total cost          10,20,000

 

Please answer soon and keeping in view Circular No. 13/2006

 

Replies (1)

no we are not laible to deduct tds on freight because our suplier is liable to deduct tds on the freight bill issued by the transporter co.

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