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TDS on Air Freight (included in supplier's bill) in case of imports

Income Tax - Started By: - VIJAY GUPTA - Dated:- 4-12-2015 Last Replied Date:- 16-6-2016 - We are paying to our foreign supplier in advance through proforma invoice which was excluding freight. Now they raised commercial invoice where freight charges in included and Bill of entry also bears the same value as on commercial invoice. So, there is an difference between proforma invoice and commercial invoice ( the freight amount ).Now we have to pay the freight only to our foreign customer. Is there .....

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his clarifies you query. - Reply By KASTURI SETHI - The Reply = Dear Sh.Ganeshan Kalyani Ji, Your reply is very much clear and accurate. You have explained in such a simple and clear way that I have started learning about the concept of TDS from you. I am a layman regarding the provisions of Income Tax Act. Today I am perusing all your replies with a motive to learn from your experience and knowledge about VAT/CST/Income Tax. At least I would be able to file my Income Tax Return without any mist .....

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