Tds on payment to security service agency
This query is : Resolved
24 January 2019
One security agency of kolkata has engaged for providing security guard in and around of Assam. The agency submitted the bill for payment. The details are given below:
Taxable Value- Rs.353514.00
IGST @ 18%- Rs. 63633.00
Total = (Taxable Value+ IGST)- 417147.00
My query is that- During payment to the agency what amount of TDS on contractor(IT) and TDS on GST will be deducted.
Taxable Value- Rs.353514.00
IGST @ 18%- Rs. 63633.00
Total = (Taxable Value+ IGST)- 417147.00
My query is that- During payment to the agency what amount of TDS on contractor(IT) and TDS on GST will be deducted.
24 January 2019
194C Contract / Sub Contract, 2% TDS if the Vendor Registration is Company if they were an Individual - 1% TDS to be deducted.
24 January 2019
Dear Sir....my boss said that, during payment tds on contractor @2% would be deducted on taxable value and tds on gst @2% is also deducted (1% each for CGST and SGST) on taxable value of invoice. Is it correct ?
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