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who will deduct TDS

TDS / TCS 1849 views 6 replies
hi all, we are purchasing various items in which the supplier charges seperately for freight amount separately in the bill for transporting the material on my premises. now my question is, are we liable for deducting TDS on freight amount or no as we are not dealing with the transporter directly. the supplier is dealing. we are simply reimbursing on account of freight charged separartely in the purchase bill
Replies (6)

Dear Aashima,

TDS will not be attracted in this case because of the reasons u mentioned that "ASSESSEE IS JUST REIMBURSING FOR THE FREIGHT"

For assessee this is a part of Purchase Price...

it is just reimbursement

therefore u r not liable to deduct TDS

The supplier has to deduct the Tax

please wait for some more reply

Dear sir you should deduct the tax on frieght with the 2.06% as per company act if its seprate paid to transporter In practical frieght is seprate from purchase

agree with tarun sobti .........

Agree with aashima answer

In this case TDS Liability will come on supplier. Supplier will deduct TDS of transporter. You need not to deduct TDS of transporter.


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