Is TDS applicable on listing fees?

This query is : Resolved

Kenil Satra (Querist)
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09 September 2024 Is tds applicable on listing fees paid to retail store by vendor to sell their products in the respective retail store? For e.g.: A retail chain store XYZ charges Rs.50000+gst as listing fees from Vendor A to make available his/her/their products in the said retail chain store XYZ.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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09 September 2024 Who sells the products? Vendor through his agents of the owner of XYZ?

Kenil Satra

Kenil Satra (Querist)
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09 September 2024 Vendor A intends to sell the products directly to store XYZ and for that purpose the store XYZ charges a onetime listing fees from Vendor A

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Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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09 September 2024 Yes, TDS applicable u/s. 194R IT act.