hi friends i am having a doubt about the transport business. As we know that as per Service tax, transporter issues a consignment note. but in actual he receives commisssion for providing the service. My question is that what should be the turnover as per section 44AB in case of transporter ie total value of consignment notes or toal commission received.
in the business of transport there are two type of payment of freight
1 on "to pay " baisis where the truck operatot at the time of delievery of goods receives the freight or
2 the amount of freight is either by consignor or consignee, credited into the bank account. after that the transporter gives the full amount to the truck operator. so whether TDS is required to be deducted in the payment to the truck holder by the Transporter.
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