If a firm is availing service of clearing & forwarding service on dry dock ,whether TDS is to be deducted on commission paid to him who charges Commission at the of per container.If yes then under which category....194H or 194C
CA Sahil Singla.. (Service Tax ) (3746 Points)
05 July 2010If a firm is availing service of clearing & forwarding service on dry dock ,whether TDS is to be deducted on commission paid to him who charges Commission at the of per container.If yes then under which category....194H or 194C
vishnupriya
(CA Final)
(1418 Points)
Replied 06 July 2010
First of all You should clarify Whether the expense is a commission or a Fee/Charges
both the commission & charges paid to Clearing & Forwarding Agent shall be liable to TDS.
Commision under Sec 194H-10%
Fee/Charges under Sec 194C-1% or 2% as the case may be
If there is specific contract agreement between you and C & F, the charges paid to him can be treated under 194C
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
