Dear friends can any one clarify, Whether the Sea-Freight Payments made to Resident Shipping companies (like SCI) attracts TDS or not?(for goods shipped to overseas ports).
3 Replies
CS Bijoy
(Expert)
(6394 Points)
Replied 09 June 2011
According to me TDS should be deducted as per the applicable rate if PAN carde is not provided.
Premkumar VRR
(articled assistant)
(114 Points)
Replied 09 June 2011
Cs bijoy .. its applicable.only for payment in course of business of playing, hiring, leasing goods carrier, in our case it is see freight. Not goods carrier
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