If some service provider gives a bill having service tax.
say cost of service is Rs 100, He is adding 12.36% sevice
tax. Total comes 112.36. we have to deduct TDS @ 11.33%.
On what amount we should deduct TDS? (on 100 or 112.36 )
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Answer Posted / sohail
There is two calculation regarding this, one is if the
deducter is register under service tax act means he provide
service, there he will take the input of that tax, there
will be the calculation of above conclussion on Rs.100
(100*11.33%)
2nd is if he is not registered under service tax act,the
whole amount of Rs.112.36 will be his expended amt. and
there he can deduct the TDS on Rs.112.36 (112.36*11.33%)
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