rate for service tax & TDS

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 May 2011 Sir,

Company A is involved in supply of manpower and entered contract with Company B. Co. A raised invoice for the month for Rs. 30,000/- including Service Tax. My question is how much do Co. B needs to pay to Co. A. What is rate of TDS that is to be deducted by Co.B? What is the rate of Service Tax that must be paid by Co.B?

24 May 2011 service tax 10.3%

TDS on contract 194C will apply @2%

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 May 2011 thanks a lot sir


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