Tds
This query is : Resolved
11 October 2013
Sir,
Please let me know if tds is deductible on import charges (ocean freight, do charges, etc.) paid to c.h. robinson world wide freight pvt ltd. (Resident) which could be agent of c.h. robinson world wide (NR) considering the provisions of sec. 172 and 194 (C).
regards
Please let me know if tds is deductible on import charges (ocean freight, do charges, etc.) paid to c.h. robinson world wide freight pvt ltd. (Resident) which could be agent of c.h. robinson world wide (NR) considering the provisions of sec. 172 and 194 (C).
regards
11 October 2013
Whenever an Indian gives any amount to anyone and this amount is Income of the Receiver then TDS rules comes into.
The payment you will make would be the Income of c.h.robinson hence TDS Rules will apply.
In case you pay in foreign currency then additionally you have to follow Procedure of 15CA and 15CB
contact@vkbajaj.co.in
The payment you will make would be the Income of c.h.robinson hence TDS Rules will apply.
In case you pay in foreign currency then additionally you have to follow Procedure of 15CA and 15CB
contact@vkbajaj.co.in
12 October 2013
thanks for your reply but sir i am not still clear....
sec 172 overrides prov. of 194 (c) so if payment of freight is made to NR than TDS need not to be deducted but tax is to be collected according to sec 172 mechanism.....that is scenario in case of export...
But in case of import whether TDS is deductible on import charges( ocean freight and do charges etc.)
1) paid to resident agent of non resident.....
2) paid to non resident
3) paid to resident
sec 172 overrides prov. of 194 (c) so if payment of freight is made to NR than TDS need not to be deducted but tax is to be collected according to sec 172 mechanism.....that is scenario in case of export...
But in case of import whether TDS is deductible on import charges( ocean freight and do charges etc.)
1) paid to resident agent of non resident.....
2) paid to non resident
3) paid to resident
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
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- Event company query
- 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
Trending Online Classes
CAclubindia
