Our materials are coming regularly from different places of India by Cargos like GATI, VRL, SRMT etc. for LR they are charging Minimum Rs 200 to Maximum Rs 2000. my doubt is here TDS is applicable on this type of cargo freights? is there any limit for such type of local transportation. Kindly advise us with TDS Rule.
30 June 2021
TDS not applicable in this case because it is within the threshold limit. Refer to section 194C for more: https://cleartax.in/s/section-194c-tds-on-contractor