25 July 2019
IS THERE WILL BE ANY LIABILITY TO DEDUCT TAX FOR PAYMENT MADE ON ACCOUNT OF FREIGHT TO SHIPPING COMPANY BY A INDIAN LOGISTICS , INDIA LOGISTICS IMPORT GOODS ON BEHALF OF INDIAN CUSTOMER BUT BILL OF IMPORT IS MADE IN THE NAME OF INDIAN CUSTOMER , INDIAN LOGISTICS CHARGE FREIGHT FROM INDIAN CUSTOMER THEN SHIPPING COMPANY MADE ITS BILL IN THE NAME OF INDIAN LOGISTICS INDIAN LOGISTIC MADE PAYMENT OF FREIGHT TO SHIPPING COMPANY WHICH IS NON RESIDENT IS INDIAN LOGISTICS COMPANY REQUIRE TO DEDUCT TAX ON SUCH PAYMENT
25 July 2019
Not required. The sub-sections of section 172 read together and harmoniously would reveal as to how the tax should be levied, computed, assessed and recovered. Therefore, there is no warrant in applying the provisions in chapter XVII for collection and recovery of the tax and its deduction at source vide section 195.
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