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
Tds Import ocean freight
Replies (4)
Quick Summary
Yes it is liable to deduct TDS u/s 194C sub sec 6 as per income tax law.
Very very thanks
Yes you may deduct 2% under 194c
TDS not applicable on foreign ships.
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