Brokerage

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Querist : Anonymous

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Querist : Anonymous (Querist)
12 November 2010 Freight Forwarders charge 2% brokerage on freight to Shipping Lines. Is this brokerage chargeable under service tax and under which category ?

13 November 2010 no service tax on brokerage. but when you releasing the brokerage amount, you need to deduct tds 10% under section 94H



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