10 June 2014
in case of import what are the item include in purchase and if i pay transport charge from port to factory godown should i deduct tds or not
10 June 2014
Inventory value + all non cenvatable taxes to be inventories. TDS on transporter in not deductible if they furnished their PAN no to you, if not, TDS @ 20% to be deducted.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
10 June 2014
but that transport charge is a part of import purchase even dt i should deducate tds