10 January 2017
on Maintenance Charges bill they charged service tax & vat also now we deduct tds after service tax amount or after vat & service tax amount?
10 January 2017
Service tax is charged on Service portion of Bill. and VAT is charged on supply portion of bill. you have to deduct TDS only on Service portion of bill (without Service tax) amount.
e.g. Service portion 1000 + supply 2000 = Total Bill of Rs. 3000 + S.tax 150 (1000x15%) + VAT 300 (2000x15%)
you have to deduct TDS on Rs. 1000 of the above example.
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