if we are purchase in 4% vat tax than can we deduct tds
Answer Posted / a
As far as I know,VAT is charged on purchase of material but
if it includes labour job(although VAT is charged in
Invoice)TDS will be deducted
Example:
if i have done some printing work & they issue a bill of
printing with including Vat so we should deduct TDS.
| Is This Answer Correct ? | 23 Yes | 6 No |
Post New Answer View All Answers
How much is the VAT in UAE
Please explain how to pass entry for VAT setoff and Service Tax Credit?
What is turnover limit for Auditing of Service Tax, VAT, Income Tax, Provident Fund, P. Tax and WCT? Please mail me at gautam_ch2 @ rediffmail.com or call me at 09831707812.
How to calculate entry tax on kraft papers format in excel under Assam Entry tax rules?
What is the difference between excise & service tax?
define double entry bookkeeping
We don't have PT, s.tax registration. Our firm is 7 years old. If we want to register, what should we do? Any body can help.
WHAT IS THE PENALTY CHARGE BY THE SALES TAX DEPARTMENT IF WE ARE ENABLE TO FILE SALES TAX RETURN AFTER ONE MONTH FROM END OF THE IVQ-2012-13.
we are Rising contractors(Propritorship concern) and register with "mining of minerals" service. we rise the bills to mine owner (we do not add the service tax in bills) monthly. can we eligable for paid to service tax.
what data require for liability calculation under work contract tax composition scheme and regular method.
why VAT not charged in deemed sales bill.
what is city commodity tax
i want to learn income tax work please tell me about all dedutions exempations and income detail...how to calculate tax on net income
how many form used in sales tax return from begining to ending?
in case of vehicle hired for staff pick up & drop for 1 month or 1 year, TDS is applicable ? if yes then which code is mention in challan & which rate is applicable ? in case of vehicle orner is personal or company which rate applicatble ?