Bijalkumar N Nai (tax and account profession) (106 Points)
05 August 2010Clearing & Forwarding agent who provide sevice to exporter and given a contract to other agents and he has to deduct TDS. So on which amount he has to deduct TDS?
For Example : Total Bill: Sea freigh 100000
Inland Transportation 20000
Pest Control & CHA Charge 1000
Documentation Charge 1200
Bill Of Lending 1200
Total 123400 On which amount tds deducted
Harpreet
(* * * * * *)
(1670 Points)
Replied 05 August 2010
You should deduct the TDS only on the amount on which service tax charged.
CAclubindia
