Please tell me about TDS, VAT, CST, Service tax with latest
rate?
Answer Posted / lalit
Tds as an contractor 2.266% (exemption limit 20000/-)
professional fees 10.3% & if transiction with same company
up to 10000000/- than tds is applicable 11.33%,
interest on securities,unsecurities 11.33%,compamny 22.66%
Commision & brokage tds is 10.3% & if transiction with
same company 10000000/- tds is applicable11.33%
Rent of plant, machinery & equipment tds apply 10.3% & if
transction after 10000000/- then tds is applicable 11.33%
Rent of building, land & furnature material tds apply 20.6%
and transction after 10000000/- tds is applicable 22.66%
Value added tax 4%, 12.5% depend by material
Cst 2% w.e.f 01/06/08 for register dealer & 4%, 12.5% for
unregistered dealer de[end by material
Service tax 10.3% w.e.f 24/2/09
| Is This Answer Correct ? | 54 Yes | 8 No |
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