2.06 % is the rate at which you have to deduct tax irrespective of whether a contract has been formally entered into or not.
TDS on Courier Service
Page no : 2
Shudhanshu Agrawal
(Business)
(2570 Points)
Replied 19 November 2008
Dear Mr. Srijesh Kumar,
Please do mention is it a indian company or foreign company.???.......if indian Section 194C willbe applicable and in case of foreign company Section 195 willbe applicable.
(Guest)
| Originally posted by :Guest | ||
| " | As courier service contract comes under the purview of 194C & is a contract as designated by Indian Contract Act TDS must be deducted from courier bills if it exceeds Rs. 20000/- pa. | " |
Liability of TDS If we are deductiing TDS of one courier party and we paid in cash for coureir charges 20/-
kishore deokar
(service)
(24 Points)
Replied 12 October 2009
Dear sir
W.e.f. 01.10.2009 TDS exempted for payment of transport payment if transporter provide PAN Number. I want to know about TDS on payment of courier charges ?
nair damu
(ACCOUNTS)
(31 Points)
Replied 26 February 2010
How do you distinguish between a Transporter and courier agency ?
for a transporter TDS is nil w.e.f. 1/10/2009 provided PAN is furnished
Max Payne
(employed)
(2574 Points)
Replied 27 February 2010
Transporter has to necessarily carry goods by goods carriage on road.
Courier carries parcels and documents. Mode of transport is not relevant for couriers.
uiiios
(ertoos)
(24 Points)
Replied 17 April 2019
If I conclude a contract of civil liability of the carrier in the performance of international transportation (CMR - insurance), what will be the amount of the insurance premium? Is it possible to get an accurate calculation of the insurance rate for https://www.total-insurance.co.uk/courier-insurance/ to be emailed to me later. Or I need to come to the office?
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