what mean by tds on vat?

Question Posted / rahul yadav

3 Answers
6765 Views
I also Faced
E-Mail Answers

Answers were Sorted based on User's Feedback

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

Post New Answer

More Taxation Interview Questions

Dear friends, can A trading firm register with excise? i want to know all about excise.

1 Answers

IN HOTEL NET SALE AMOUNT IS Rs.1000. on that service tax amount @12.36 is Rs.124 then my question is while caluculation of vat both net sales and service tax is to be taken or not

2 Answers TATA, TFSL,

OUR CO. ACCEPT SODEXO COUPONS FORM CUSTOMERS; WHEN WE SUBMIT COUPONS FOR REIMBURSEMENT TO SODEXO THEY DEDUCT SERVICE CHGS AND S. TAX AND PAY BALANCE AMOUNT, DOSE IT ATTRACT TDS?

0 Answers

When tds should be paid to govt.? on provison of particular expense in com's book or after payment is made to party for that particular expense.

1 Answers

Labour charges for Assembly and Calibration is liable for service tax, & whats the limit

1 Answers

I have a question, is telephone service tax, credited card service tax which is paid by me (input) adjustable against output service tax

2 Answers

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.

0 Answers

We have purchased staples Item & vendor charged freight in his invoice.should we deduct TDS on freight charges by vendor?

1 Answers

is tds applicable on octroi charges?

1 Answers

what is the deffirent between TDS & TCS

5 Answers

Esic calculated on gross to be rounded to?

1 Answers

How can I calculate Depriciation on Fixed AND CURRENT ASSESTS ?

4 Answers Travel Plan,

For more Taxation Interview Questions Click Here