Tds on wharfage charges

This query is : Resolved 

16 September 2013 Whether tds is required to be deducted on Wharfage charges?What is the rate of tds on wharfage charges??


16 September 2013 Section 194C will Apply.

Rate:

Rate of TDS:

Individual/HUF 1%
Others 2%
No PAN 20%

Threshold Limit:

Single Bill Rs 30000/-

Annual Payment Rs 75000/-

16 September 2013 SIr, this wharfage charges charged by railway ? In this case whether we deduct tds ?


16 September 2013 Then TDS not required to be deducted since Railway Freight is out of the purview of Section 194C.

16 September 2013 Thanks sir.



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