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Liability for tds

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Querist : Anonymous

Querist : Anonymous (Querist)

14 May 2013 Dear sir,
Should tds be deducted on fabrication work? the party is paying the VAT bill(fabrication of truss; bill charged on kg basis).

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)

14 May 2013 Yes. fabrication works will apply TDS u/s.194C. need to deduct tds

Querist : Anonymous

Querist : Anonymous (Querist)

15 May 2013 sir but the party is supplying own material & charging VAT in the bill(it is supplying tax invoice).. still a liability or it can be treated as purchase?
Please explain...

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)

15 May 2013 Where the materials issued by customer and fabrication work only done and send by contractor then TDS apply u/s.194C

Incase contractor using their own materials, it is nature of purchase only. no need to deduct tds

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