Applicability of tds.
This query is : Resolved
29 May 2014
We have purchased chemical from an indivisual. They raised their bill in following format:
Cost of chemical 154300
add. delivery &
transportation 2500
add. loading &
unloading 500
my query is that whether tds has to be deducted on delivery, transportation and loading & unloading charges if total amount of delivery and other charges exceeds non deduction of tds slab. what is the impact on service tax?
Guest
Guest
(Expert)
29 May 2014
i m not getting why u want to deduct tds.. In my view if the are charging in bil , then u had puchased good on fOR Basis... Then in this case its all are cost of good... where service part is seeing.....
29 May 2014
In the given case TDS not required to be deducted.
29 May 2014
no tds required when goods deliver by seller. tds will deduct by the seller when he pay amount .
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GST Regis.
- Tax on capital gains revoked us 54f
- Inventory of finished goods
- Should I include march foreign salary received in April in my income for FY 2023-24?
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Confusion around Form 26QB fields
- Refund of AY 22-23
- Disallowance of Section 43B(h) to sez units
- Sale of property furniture sale
- Applicability of Ind As to associate of associate
- HSN Details in IFF/GSTR-1 & in GSTR 9
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
Trending Online Classes
CAclubindia
