Tax Deduction at Source on Gas Transportation Charges paid by the purchasers of Natural gas to the sellers of gas. - Purchase and sale of gas. Transportation of gas is only a part of the entire sale transaction https://www.taxtmi.com/circulars?id=11886 Where the Owner/Seller transports gas and transfers ownership to the purchaser at the point of delivery, transportation is part of the overall contract for sale and the transportation charge billed by the Owner/Seller is not subject to TDS under the relevant provisions. Payments made to a third party transporter, however, continue to be governed by the TDS provisions applicable to such payments. en-us Wed, 17 Oct 2012 00:00:00 +0530 Thu, 18 Oct 2012 14:00:00 +0530 TaxTMI RSS Generator Tax Deduction at Source on Gas Transportation Charges paid by the purchasers of Natural gas to the sellers of gas. - Purchase and sale of gas. Transportation of gas is only a part of the entire sale transaction https://www.taxtmi.com/circulars?id=11886 Where the Owner/Seller transports gas and transfers ownership to the purchaser at the point of delivery, transportation is part of the overall contract for sale and the transportation charge billed by the Owner/Seller is not subject to TDS under the relevant provisions. Payments made to a third party transporter, however, continue to be governed by the TDS provisions applicable to such payments. Circulars Income Tax Wed, 17 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/circulars?id=11886