Dear Sir,
We are taking services from Shipping line Form adc Ltd,
ABC Ltd give subcontract to Def Ltd and xyz Ltd (another shipping co)
ABC issue invoice on my company name (PQR)
agency charges :15000
Reimbursement
to DEF : 118000
XYZ : 118000
TOTAL : 251000
We make payment to abc Ltd.
DEF &XYZ issue invoice on name of my company(Pqr) , we have claimed gst itc.
now question is tds to be dedcuted on service received from DEF &XYZ
(Abc Ltd also not deducted on bill of def &XYZ)
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TDS on shipping line service
Replies (2)
Tds applicable in case of subcontractors, in case of shipping lines
TDS will be applicable u/s 194C on entire amount @ 2% if deductee is company and 1% other than company.
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