Ocean Freight

This query is : Resolved 

23 December 2010 Whether Freight includes Ocean Freight Also ?
If Any company is having separete bill of Ocean Freight and other charges than .Is there any TDS Deduction requirement on both of the bills.

23 December 2010 Ocean Freight includes Freight pls go through TDS Ready Racknor for this tricky Questions.

Ocean freight is exmpted if paid for the services rendered out side india and billing in foreign curency.

IF it is paid to Indian Agency and bill in Indian Currency is liable for Tds u/s 194 J @1% or 2% as per stauts of the agency.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries