Tds

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

05 March 2014 is tds applicable on rejected job work or it should be deducted from job work bill first and then tds is made?

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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05 March 2014 kindly give the whole transaction details...

Querist : Anonymous

Querist : Anonymous (Querist)

06 March 2014 we give raw sarees to job worker for printing and job worker sends us back.
we deduct tds at the time of entering the bill.

afterwards some times some pieces are sent back which are rejected by us and we claim total cost of saree piece (including raw saree from) job worker.

on what amount tds is to be made after deducting claim or before?

Querist : Anonymous

Querist : Anonymous (Querist)

06 March 2014 is vat applicable on packing charges added in bill amount?
at what rate?

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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06 March 2014 vat is not applicable on packing.

tds to be deducted on amount u pay to job worker in this case i.e after deducting the amount not paid for rejection.

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Querist : Anonymous

Querist : Anonymous (Querist)

06 March 2014 u mean to say we have to make correction in bill and get it signed again by job worker?

if we get bill of job work in month of apr and we make the rejection in the month of may then how to make adjustment of tds because tds is to be made on credit of bill in the month of apr only.

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