Dear All,
Our C&F agent is submitting a consolidated bill, in which he claimed all reimbursement expenses (which he incurred on behalf of our company and in that bills our company is mentioned as consignee) such as documentation charges,loading charges,transport charges for which he submitted seperate bills, and his service charges on which he claimed service tax also.
In this regard on which amount i need to deduct TDS whether on full amount or only on his service charges and sevice tax portion alone.
The consolidated bill is as follows.
Documentaion charges 50000.00 (Seperate bill and our company name is mentioned as consignee)
Loading charges 20000.00 (Seperate bill and our company name is mentioned as consignee)
Service charges 10000.00
Service Tax @ 10.3% 1030.00
Total Bill 81030.00
Please clarify on what amount TDS is to be deducted. Does it make any difference in seperate bills if our company name is not mentioned as consignee ?
Regards,
S.V.Ramana.
CAclubindia
