Vinod Kumar Sharma
New Delhi | TDS on Air Freight
We are a mechant exporter making air freight payment to forwarding agent . The payment made is
purely air freight and airways bill is isuued in our name. Techinaclly speaking it is reimbursement
of air freight to C&F. Whether we are liable to deduct TDS on air -freight . |
Anit Chauhan
New Delhi | Dear Sir
TDS applicable for Freight Forwarder If the original forwarding forwarder/shipping
company
|
|
D.C.GUPTA
NEW DELHI | SIR,
I DO AGREE THAT IN CASE PAYMENTS OF AIR FRIEGHT ARE PAID TO NOEN RESIDENT SECTION 194C IS
NOT APPLICABLE. BUT IN SUCH CASES SECTION 195 IS APLLICABLE. EXEMPTION IS PROVIDED TO SHIPPING
COMPANIES BUT NOT TO AIR LINES.
|
|
amardeep duttagupta
paradip- iocl | which section i can deduct the tds against frieght and forwading ? also have a PAN card no. |
|
RATNA SAHOTA
FARIDABAD | tds applicable on air package of travel and limit for tds applicale if any pplicale or not
applicablle |
|
nirali tripathi
ahmedabad | applicability of tds and rate on air freight |
|
Nimesh
Junaadh | means TDS applicable on impor as well as export freight when transpo rer submit a valid PAN card
........ |
|
Nimesh
Junagadh | is TDS applicable on import freight u/s 194c when transporter give us a valid PAN card. ??? |
|
RATHEESH
NEW DELHI | WE ARE PAYING IMPORT/EXPORT CARGO CHARGES TO M/S BALMER LAWRIE & CO. LTD. PLEASE CLARIFY WHETHER
THE PAYMENT MADE TO THE FIRM COMES UNDER TDS UNDER SECTION 194C |
|
Khyati Liya
Mumbai | Whether to deduct TDS or not, will depend upon the status of the air freight forwarder. If it is
"Resident", Section 194 C will be applicable and need to deduct TDS and if
"Non-Resident" then no need to deduct. |
|
brijendra
noida | the co. is mfg. the material on the specification of our customer, whereas we purchase our raw
material from our suppliers. are the our customer is liable to deduct the tds u/s 194C from our
invoice amt. pls clear us. |
|
Manoj Mehta
New Delhi | Agreed with SahanK Saurav. |
|
K.V.SRINIVASA RAO
VIJAYAWADA | Applicability of TDS on reimbursement of air freight to C&F depends on the status of Air Ways
for which it (air fregiht) has been paid since section 194C of the Income Tax Act, 1961 is
applicable only to 'residents'. If the original air freight forwarder/shipping company is not a
resident (income tax not been assessed in india) on such payments tds u/s.194c of income tax Act,
1961 not applicable. Please provide any aditional information i.e., case laws or circulars in this
regard. Thanking you |
|
K.V.SRINIVASA RAO
VIJAYAWADA | Applicability of TDS on reimbursement of air freight to C&F depends on the status of Air Ways
for which it (air fregiht) has been paid since section 94C of the Income Tax Act, 1961 is applicable
only to 'residents'.
If the original air freight forwarder/shipping company is not a resident
(income tax not been assessed in india) on such payments tds u/s.194c of income tax Act, 1961 not
applicable. |
|
Shshank Saurav
New Delhi | Yo are liable to deduct tax u/s 194 ( C ) . |
|
