We paid ocean import freight charges. The details are as follows.
Shipping line is in China
original carrier - Robinson FS is in China.
carrier ( Agent / Sister concern ) - Robinson's carrier (India ) Pvt.Ltd.
Mumbai
Freight Amt. 3000 USD.
Indian Amt.255000/-
Import ocean freight paid to Robinson's carrier (India ) Pvt. Ltd.
Rs.255000/-
My question is payment of ocean freight is liable to deduct TDs u/s 194C , Yes or not
4 Replies
nupur
(13 Points)
Replied 11 October 2022
Yes it is liable to deduct TDS u/s 194C sub sec 6 as per income tax law.
veerendar singh
(tax consultant)
(3301 Points)
Replied 13 October 2022
Yes you may deduct 2% under 194c
CA R SEETHARAMAN
(CA Practice )
(145994 Points)
Replied 03 June 2023
TDS not applicable on foreign ships.
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