Sasidhar Aruljothi (C.A FINAL) (187 Points)
17 January 2011As per circular 723 dated 19.9.1995, no tax must be deducted u/s 194C or 195 on payments made to Indian Shipping agent clearing and shipping goods on behalf of a non resident company.
Where clearing from customs is done by a separate agent and shipping is done by anther agent then should tds be deducted from the clearing charges alone?
Pankaj Arora
(Learner)
(3134 Points)
Replied 17 January 2011
Yes you have deduct tds u/s194c separately.
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