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Applicability of TDS on Transporter

This query is : Resolved 

06 November 2009 Kindly clear my doubt regarding the applicability of TDS on Contractor doing the Transport business

06 November 2009 there is no TDS applicable for Road Transporters. You may make full payment against their invoice which was agreed. But Transporter should mention their PAN in the invoice.

06 November 2009 The nil rate will be applicable if the transporter quotes his PAN. If PAN is not quoted the rate will be 1% for an individual/ HUF transporter and 2% for other transporters upto 31.3.2010




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