10 January 2023
We are Registered Goods Transport Agency. We are intending on giving Commercial Vehicles for transportation of goods on hire (on monthly basis) to another Registered Goods Transport Agency. My queries are - 1. What is the SAC/HSN code for billing the Hiring charges from One Goods Transport Agency to another Goods Transport agency? 2. Is TDS deductible under 94C or 94I? 3. Is this particular transaction is considered as Exempt Sales?
10 January 2023
Thank you sir, do we have to just mention it as Hiring charges without mentioning SAC code in the Bill and do we need to issue just Bill of Supply to them?
CAclubindia
