what mean by tds on vat?
Answers were Sorted based on User's Feedback
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 |
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 |
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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