Payments made to clearing and forwarding agents for carriage of goods are subjected to deduction of tax at source under section 194C.
The rate must be 2% or 1 % as the case may be.
Please refer to question number 6 of circular : No. 715, dated 8-8-1995.
Thanks//VaibhavJ
Guest
Guest
(Expert)
26 December 2013
if he provides you the separate invoice of expense for reimbursement then you need to consider only service charges which was charged on separate invoice and that too either if it increase 30000 or Rs 75000 in aggregate.however if he issues a single invoice containing reimbursements and service charge then u need to deduct tds on whole amount.
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