Cenvat
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 February 2010
On Car hiring TDS to be deducted u/s 194C or 194I
05 February 2010
A company has two branches situated at two different places.Only one of them is registered under Excise Act. Now, the company has imported some Raw Material for this Exciseable branch whereas Invoice has been addressed to Unit which is not registered under Excise Act and Bill of Entry has also been made in address of Non-Excisale Unit. How can its Excisable Unit take Cenvat Credit of Duty paid as Bill of entry does not bear its address while Raw Material is to be used at Excisable Unit?
05 February 2010
as per my view TDS on CAR hiring case related to u/s 194I(194I Rent on Plant / Machinery)
05 February 2010
Car hiring is in the nature of a contractual arrangement b/w the hirer and the transport co.It depends upon the purpose for which car has been hire. If the Car has been hire from a Travel Co. then TDS u/s 194C is applicable.
05 February 2010
If car is hired for per K.M. basis or minimum fare basis i.e. Fuel, Driver is also included in contract then TDS will be U/S 194 C. If only rent of car is paid i.e. Fuel, driver, repairs etc. exp. is to be born by contractee then TDS will be U/S 194 I i.e. rent of machinery clause
05 February 2010
hiring of car is u/s 194C.
but if it is taken on rent and all exp like maintainence etc is born by payer then it is on rent and section 194I will be applicable.
but if it is taken on rent and all exp like maintainence etc is born by payer then it is on rent and section 194I will be applicable.
05 February 2010
My view is 194C
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
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
