Tds on c & fa invoice

This query is : Open

Amit Kondalkar (Querist)
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02 July 2014 If we received C&FA [CLEARING & FORWARD AGENT] single invoice for below charges

Agency charges + Service Tax
Other reimbursement Charges – not tax

Then TDS will deduct on full invoice or only on agency charges

Please help

Guest

Guest (Expert)

02 July 2014 tds will be on full charges except the service tax amount

Rupesh Jain

Rupesh Jain (Expert)
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02 July 2014 tds wil deducted u/s 194C for agency charges bill.

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Amit Kondalkar

Amit Kondalkar (Querist)
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02 July 2014 AGREE IT WILL BE CHARGE U/S 194C

SUPPOSE

1st Example

REIMBURSEMENT [SEA FREIGHT/TRANSPORTATION CHGS/STAMP DUTY ETC. AMT]IS 3,00,000
&
AGENCY CHGS/ENDORSEMENT CHGS IS 2500 + ST 309

TOTAL INV AMT : 3,02,809/-

THEN TDS AMT WILL BE Rs.6,050/- [UNDER 194C] OR RS. 50/-

OR

2 EXAMPLE

REIMBURSEMENT [SEA FREIGHT/TRANSPORTATION CHGS/STAMP DUTY ETC. AMT]ARE 40,000-
&
AGENCY CHGS/ENDORSEMENT CHGS IS 4500 + ST 556

TOTAL INV AMT : 45,056/-

THEN TDS AMT WILL BE 890/- [UNDER 194C] OR 90/-

Please Help

Amit Kondalkar

Amit Kondalkar (Querist)
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03 July 2014 can anyone help me??