TDS ON FREIGHT

CA-ASPIRANT (CA-STUDENT ) (645 Points)

16 May 2009  

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