Raman (CA) (62 Points)
19 July 2008Hi all,
My client is an exporter sending goods to foreign countries through ship as well as air through clearing & forwarding agents. For shipping charges, it is clearly mentioned that tds is not applicable as sec.172 covers it. What about air freight charges? Whether TDS is required to be deducted if the airline company is a foreign company? Pls clarify. Thanks in advance.
atul kumar soni
(student)
(127 Points)
Replied 19 July 2008
hi.......
i also c.a. student.i want updation always.
Raman
(CA)
(62 Points)
Replied 19 July 2008
Thanks Mr.Rajesh for your reply. But is there any supportive circular or provisions exempting the air freight. BEcause circular no.723 of 1995 which exempts shipping charges does not talk about air freight. Can you throw some more light on this.
RamaKrishnan
(Student )
(120 Points)
Replied 21 July 2008
If you have confussion, deduct tds for safer side. deducting tds is not an offence instead of not deducting tds.
Vipin
(Service)
(0 Points)
Replied 30 August 2008
| Originally posted by :Raman | ||
| " | Hi all, My client is an exporter sending goods to foreign countries through ship as well as air through clearing & forwarding agents. For shipping charges, it is clearly mentioned that tds is not applicable as sec.172 covers it. What about air freight charges? Whether TDS is required to be deducted if the airline company is a foreign company? Pls clarify. Thanks in advance. |
" |
Y.N.Vinod
(Consultant - Risk Advisory Services)
(98 Points)
Replied 27 June 2009
I think TDS is not required to be deducted on air freight charges as it is a reimbursement.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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