25 April 2009
Payments made to clearing and forwarding agents for carriage of goods shall be subjected to TDS u/s 194C. Pl refer CBDT circular 715 question no.6.
25 April 2009
I am in hundred percent agreement with Warrier and Jagdish, however the bill of clearing agents contain the service charges for their services & inland freight and reimbursement of clearing charges. The moot question remains whether TDS is rquired to be deducted on the entire amount or only on service charges bill. I my opinion the if all the bills are separately raised, TDS would be required to be deducted from service charges and inland freight bill.