Please tell me about TDS, VAT, CST, Service tax with latest
rate?
- 17 Answers
- 58719 Views
- Ambica, Apollo Tyres, DELL, Empire, GI, GSNA, Idea, Indu Projects, Jai Enterprises, JMD Group, KK Bhansali, Marck Biosciences, National Genset Power Corporation, Pharmaceutical, Sangam Group, Satyam, Shipping Corporation of India, Shubham, Tech Mahindra, TVS, Vico, Vijay Industries, I also Faced
- E-Mail Answers
Answer Posted / gopal krish
1) Tds Rates in India
a) Interest / other than interest on securities:
Banking - 10,000/p.a
Others - 5000/ P.a
IF Exceed the limit of above said value
HUF - 10%
FIRM - 10 %
b) Payment to Contractors:
Rs.10,000/ P.a
IF Exceed the limit of above said value
HUF - 1%
FIRM - 2%
c)Payment to Subcontractors:
Rs.30,000/ Per Contract or Rs.75000/ P.a
IF Exceed the limit of above said value
HUF - 1%
FIRM - 2%
d)Insurance Commission:
Rs.20,000/ P.a
IF Exceed the limit of above said value
HUF - 10%
FIRM - 10 %
e)Commission & Brokerage:
Rs.5,000/ P.a
IF Exceed the limit of above said value
HUF- 10%
FIRM - 10%
F)Rent For Land& Buildings:
Rs.1,80,000/ P.a
IF Exceed the limit of above said value
HUF - 10%
FIRM - 10%
G)Rent for Plant & Machinary:
Rs.1,80,000/ P.a
IF Exceed the limit of above said value
HUF - 2%
FIRM - 2%
H)Professional Fees/Technical Services:
Rs.30,000/ P.a
IF Exceed the limit of above said value
HUF- 10%
FIRM - 10%
=>VAT: Value Added Tax:
1%
4%
12.5%
=>CST: Central Sales Tax:For only Inter sales
2% against C form
4%
12.5%
=> Service Tax:
10% Rounded
| Is This Answer Correct ? | 6 Yes | 0 No |
Post New Answer View All Answers
Define financial year?
How many heads are there under total income?
What is the WCT percentage under which the amount is being deducted in Punjab. Under what Notification and dated when???????????. Serious Senor I need the answer other wise I would not have posed this question; Please send the answer to the mail address.
what is Bank Stock Statement and which companies required bank stock statement, how can we make the bank stock statement
We had paid TDS against rent in assessment year 2009-2010. But by mistake one of the pan no of the landlord was wrongly entered. Now the demand has been raised. Please advise how to correct the situation.
Pls can you write briefly about procedure of Auditing of VAT, Service Tax and Central Excise?
IF MATERIAL TRFD. TO OTHER STATE BRANCH AS STOCK TRFD. IN FEBRUARY AND MATERIAL IS RECEIVED BY BRANCH IN THE M/O MARCH. THAN SHOULD WE ISUE A SEPARATE F FORM FOR THE M/O FEBRUARY AND MARCH
How to calculate excise duty on mobile products?
What is tha Central sales tax rate 2010 in andhrapradesh
Should we give C form with Freight, Insurance, P&F after CST?
What is the current vat amount of aluminium goods like dishes, buckets etc hsn code is 7615-19
i wanna p.y tax assistant exam question paper Please send this as earlier as.
What is process CST & Custom Duty Handle in tally Erp 9, with example.
what is the difference b/w deferred tax exp and defeered tax liab? should Deffered Tax expense be deducted b4 computing Net profit?
What is form c & d in sales tax?
