TDS on octroi refund service

TDS 945 views 1 replies

Our company is located outside PCMC area (Located at Shirwal) and used to send raw material for jobwork to PCMC area. For this purpose we used to deposit octroi when we send the material and claim for refund when the material is received back after jobwork.

For documentation and refund claim process we had appointed an agent who used to raised bill for his service.

Please guide whether TDS is applicable on this transaction? If yes then under what catagory? Contractor/Professional or commission agent?

 

Please treat this most urgent

Replies (1)

Be careful while applying TDS .It is covered uner TDS Contract but dont deduct TDS on Octoi Amount as it is a payment to goverment deduct TDS on Form Charges,Hiancial charges and other charges which an octroi agent charges on his bill


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