Tds on ocean freight

1433 views 1 replies

 

DEAR ALL,

 

PLEASE GUIDE ME WHETHER TDS IS DEDUCTIBLE ON OCEAN FREIGHT PAID FOR EXPORT  OR ON IMPORT OF GOODS.

 

ONE OF THE OUR CLIENT IS HAVING BUSINESS OF EXPORT AND THEY PAID OCEAN FREIGHT.

 

THANKS IN ADVANCE

 
Replies (1)

Dear Friend,

In Export business there is no need to deduct TDS on ocean freight. but you can deduct TDS on agency charges CHA Charges.

 

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