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if we are purchase in 4% vat tax than can we deduct tds
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Answer Posted / sreenath
Basic to know the nature of service rendered against the
invoice , If break up of material and labour is shown in
the invoice than TDS is applicable only on labour , if
breakup is not shown TDS to be deducted on bill value.
VAT is charged by Vendor as the material involved for
finishing required service involves material which he has
purchased by paying VAT
| Is This Answer Correct ? | 11 Yes | 2 No |
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