TDS on Logistics service

6311 views 4 replies

Dear all

One of our logistics compnay has given bill like this

                                                                                         Non Taxable                                 Taxable

Steamer Freight                                                            5089.00                                          -

FOB Charges                                                               22561.00                                       -

All Clearing Charges                                                            -                                         7333.00

                                                                              -------------------------                   -------------------------

Total                                                                              27650.00                                  7333.00

Add: Service Tax @ 10.3%                                          -                                                   755.00

                                                                                    ---------------------------------------------------

Grand Total Including Non Taxable                       35738.00

                                                                                 ------------------------------------------------------

Whether TDS is applicable on total amount of Rs.35738.00 or on Taxable amount of Rs.8088.00            

Replies (4)

 

Tds u/s 194C is applicable on packing and forwarding expense  so tds have to deduct on whole amount i.e. Rs.35738.00

 

One of our logistics compnay has given bill like this

                                                                                                                        

Custom Duety Paid                                                     95335.00                                          -

Custome Clearing & Forwarding Charges                  14822.00                                       -

Service Charges                                                           7501.00                                       

                                                                              -------------------------                   -------------------------

Total                                                                         117658.00                                 

 

                                                                                    ---------------------------------------------------

 

                                                                                 ------------------------------------------------------

Whether TDS is applicable on total amount of Rs.117658.00 or on Custome Clearing & Service Charges of Rs.22323.00 or only for Service charges of Rs.7501.00

 

In Advance Thanks            

TDS under sec 194 C, should be deducted , excluding, Customs duty amount . If i am wrong, pls correct .

Actually Chandra, you have to go in detail for more understanding for TDS under sec 194 C.

TDS under sec 194 C

Read more at: /forum/tds-on-logistics-service-139028.aspT
chandra sekar

Read more at: /forum/tds-on-logistics-service-139028.aspChandra
chandra sekar

Read more at: /forum/tds-on-logistics-service-139028.asp


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