Interested to Buy Any Domain ? << Click Here >> for more details...
We are generally give order to the printing company for
printing our uniqe file,calender,sovenour,answer
sheet,envelop etc, when company submite the bill it charge
the bill includes vat@4%, so can we deduct the TDS on total
invoice value or only cost amount (exclude the vat).
- 8 Answers
- 25557 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / b. balarama krishna
Thereis no need to deduct tds on the above mentioned
transaction, but if he shows printing charges or labour
charges seperately then only tds will be effected excluding
vat
| Is This Answer Correct ? | 10 Yes | 5 No |
Answer / teja chowdary
yes tds should be duductible as per sec 194c, because
company is not purchasing the preprinted files or calenders
etc.... rather it is a contract to fullfill the company
needs. Therefore TDS will be deducted on net cost .i.e.,
excluding vat.
| Is This Answer Correct ? | 15 Yes | 11 No |
Answer / evangalin
Under section 194 c TDs to be deducted for the whole amount
including the VAT. No where said to deduct TDS on the net
amount.
| Is This Answer Correct ? | 6 Yes | 3 No |
Answer / seema
The co. is giving extra services on materais supplied as
per co.'s requirement. It is provinding both materials +
special services. It is a Contract. Hence TDS is applicable
u/s 194C @ 1% on gross amount ie inculding VAT.
| Is This Answer Correct ? | 5 Yes | 2 No |
Answer / govardhan c. dhongadi
yes we have to deduct tds as its not direct purchse its a
contract given for fulfiling the company needs so its come
under the section 194C & tds should be deducted on gross
amount i.e including vat.
| Is This Answer Correct ? | 7 Yes | 5 No |
Answer / m. venkatramaiah
The transaction will fall u/s 194C and TDS on grass amount
is must.
| Is This Answer Correct ? | 5 Yes | 3 No |
Answer / jatinder kumar
There is no need to deduct TDS. It is a Sale Contract
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / ramesh iyer
TDS SHOULD BE DEDUCTED ON GROSS AMOUNT AS TDS IS DEDUCTED ON CREDIT OR PAYMENT WHICHEVER IS EARLIER.WE HAVE TO DEDUCT ON THE LIABILITY TO THE PARTY
| Is This Answer Correct ? | 1 Yes | 2 No |
we are registered dealer of VAT(sale tax) for different states regarding consutruction of chimney and roc, we also purchase material inter-state under cst . so, please someone help regarding VAT+VAT TDS+CST+WCT+Service tax both under composition scheme and non-composition and any related site or recommened books which one solve queies. Thank u
is there in india the rate of work contract are same in all states if now what are the statewise rate
How you will verify a supplier's bill of payment?
Parties from where we can deduct TDS in a manufacturing company?
what do you mean by tds
MY QUESTION IS 1. WHAT ARE THE LEDGERS TO BE OPEN FOR TDS 2. WHEN AND TO WHOM I DEDUCT TDS 3. JOURNAL ENTRY FOR ALL TDS TRANSCATION 5. IN TALLY ERP MENTION LEDGER TO BE CREATED UNDER WHAT GROUP 6. THEN ANY OTHER IMPORTANT INFORMATION ABOUT TO CHECK IN TDS
What is the rate of TDS on Rent on NRI
What is Rule 52A (Excises Duty)
Can we take input tax credit on purchasing of table and trolley for business.....
Hi, I am a VAT/CST dealer in Pune. I had got a work contract with other AP state government. can i purchase material in AP state on 2% CST on issuing 'C' form and supply the same material to the AP state government on VAT /CST 5%. As the government departments are not issuing 'D' forms. please guide.
i had received an arrear 0f Rs.700000/- lacs for the period 1.1.2007 to 31.3.2010 and Rs.78000 for the period 1.4.2010 to 31.7.10 during aug'2010. my normal salary for 2010-11 is 400000/-. on what amount will my rent free house perquisite be calculated? i have also claimed rebate u/s 89 by distributing my arrear salary in previous years.
What is the mode of payment of Entry Tax?
Audit 
