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what is t.d.s
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Answer / sandeep
TDS (TAX DEDUCTED AT SOURCE) is a kind of indirect tax
which has been dedcucted by the payer on certain payments
(i.e interest,commission,fee to professionals,payments to
contractactors/sub-contractors,rent etc) on specific rates
as mentioned under the particular sections.
| Is This Answer Correct ? | 6 Yes | 1 No |
We have a registered dealer under APVAT Act. Our company is manufacturing & marketing of seeds. seeds exempted under vat. recently we have purchased machinery for our new plant construction, against c form. now sales tax dept.not giving the c forms, because our final product is exempted, we are not eligible for c forms. kindly clarify.
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