How can I make TDS payment?

This page describes the step-by-step process of how Hyundai dealers can make TDS payment

Dealers are advised to continue making Hyperlocal platform payments in the same way as they currently do.

If the dealer wishes to pay the TDS amount, below are the steps for the same:

• The dealer should pay the TDS amount and get the TDS certificate for the said amount from the concerned authority.

• Once the TDS certificate is received by the dealer, he/she should send an email along with the TDS certificate to [email protected] with the Subject line - ‘Proof of TDS Payment - < TDS Certificate No> along with the attachment as the TDS certificate.

• The email should also contain the Account details of the dealer in which he wishes to receive the credit amount.

• Once OnlineSales receives the TDS certificate from the dealer and confirms the validity of the same, the said amount will be credited back to the dealer’s account. [ The Account details mentioned in the sent email by the dealer]

• Once the amount is credited to the dealer, a communication will be sent to the dealer informing about the same. [ SLA: 3 Working Days ]

Please Note: OS calculates TDS @2% per transaction value unless otherwise mentioned by the dealership.

The same process should be followed every time the dealer makes any payment and wishes to pay the TDS amount.