Vijay gandhi (consultant) (567 Points)
06 January 2012In case of goods are exported outside india.
whether tds is applicable on amount of freight charged from the domestic port to the port area of importing country.
As i know that tds is not applicable in case of local freight.
please guide me ASAP..
Please provide refrence of any notification or any Case law if any, along with your answer for better understanding
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 07 January 2012
no such exemption from TDS,
exemption of transporters is available on production of pan card copy, same is applicable if its road delivery.
Vijay gandhi
(consultant)
(567 Points)
Replied 07 January 2012
Please provide me detail explaination or refrence of any case law or any notification
Niraj Mahajan
(Practising CA)
(985 Points)
Replied 08 January 2012
Only heavy Trucks and transporters in such are exempted from TDS if PAN is provided to the deductor. I believe this was amendment to section 194C in Finance Bill, 2000.
CAclubindia
