Applicability and chargiability of tds, Income Tax

[NEERAJ BHUTORIA]

A contract for supply of certain pumps had been made. the material had been supplied and all taxes had been levied seperately. freight of Rs 25000/- had also been charged seperately. for example Basic price 100 Excise duty, cst etc 20 freight 25 145 whether tds will be deducted on Freight part or not. TDS is not applicable on supply part

Posts / Replies

[Ramanujam V]

If the freight component is separately charged and does not forms part of the'cost/price of the product supplied' then TDS is attractable on the freight component.