Tds on printing of literature

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

16 April 2012 We have received one bill for Printing of literature expenses amounting Rs.60000 on which neither vat nor service tax has been charged.

Material is used by supplier only. We are charged only for literature.

Will TDS on the same will be applicable?

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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19 April 2012 First you have to ascertain, whether you have purchased the literature or you have get it printed.
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In the first case, it will be treated as a purchase transaction and no TDS is required to be deducted.
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In the second case when you are paying printing charges+ Material Cost, TDS is required to be deducted on the entire bill.
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In a case, you have given material and he had printed, TDS on Printing charges only is required to be deducted.
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