15 March 2011
I have done hard chrome plating on automobile components from outside. The party had given us a bill of labour charges and party had charged VAT 8% (Works Contract)on total labour charges. Is it necessary deduct TDS on the said labour charges. (Labour charges 92250 & VAT 8% 7380 total 99630)
16 March 2011
If contract given to Party is with Material then u can deduct TDS on whole amount i.e., amount with VAT, but if pparty has raised seperate invoice for labour & material then TDS is to be deducted on Labour invoice amount.
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