TDS on service with material
This query is : Resolved
DILIP KUMAR BARANWAL
(Querist)
04 August 2024
Dear Sir,
If we receive a service with material from a supplier and supplier submit single invoice by defining material part separately and service part separately on same invoice, then can we deduct TDS on service part only or in overall bill value (before GST).
Kindly Clarify.
Thanks
Dilip Baranwal
If we receive a service with material from a supplier and supplier submit single invoice by defining material part separately and service part separately on same invoice, then can we deduct TDS on service part only or in overall bill value (before GST).
Kindly Clarify.
Thanks
Dilip Baranwal
05 August 2024
When the service part is separately defined in the invoice, you can deduct TDS only on service charges to be paid.
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