what mean by tds on vat?

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what mean by tds on vat?..

Answer / meena rawat

TDS on Vat is commonly known as commercial TDS. It deduct
on Contractors paymnets whose billing amount exceed rs.
500,000/- P.A.

Is This Answer Correct ?    7 Yes 2 No

what mean by tds on vat?..

Answer / manu aggarwal

in current days
it will be effected on a single transaction of rs 30000.00
As A bill,
or 70000.00 rs total amounts in a year.
rate is 4.00% for company
& 2.00% for non company.

Is This Answer Correct ?    1 Yes 0 No

what mean by tds on vat?..

Answer / akash chauhan

the billing amount is Rs. 20,001 for one payment or Rs.
50,000 in a year if you are making payment less than 20,000
in tranches.

Is This Answer Correct ?    2 Yes 3 No

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