How to handle BOE payment
We have BOE Agent Namely PBP
He gave invoice with value Rs.89227.
Rs.89227 contains 87539(Cutom duty)+1688 Handling charges.
So we are booking invoices partially in the name of ( supplier)-Cutom authority Rs 87539 through BOE.(as we have to applied BOE& Taking material receipt).
Second part in the name of BOE Agent(PBP) with value Rs.1688.
As per TDS act i have to deduct 2% TDS from BOE Agent-PBP Rs.1785.
So pl guide how to handle invoice booking and payment.
I have to pay BOE Agent Rs.87442.(89227-1785TDS)
Regards
Pramod