TDS on Works Contract
This query is : Resolved
Bala Abiramy
(Querist)
13 January 2009
Hi all,
In a case,where a contractual agreement is made for interiors of an office space and the vendor charges VAT on 80% of the contract value(that being the charges for material)and also charges service tax on the entire contract value.
On which portion is the TDS charged? whether on the entire contract value or the balance 20%?
If on the 20 % only,then why does the vendor charge ST on the whole contracted value?
Kindly explain with circular/rule
In a case,where a contractual agreement is made for interiors of an office space and the vendor charges VAT on 80% of the contract value(that being the charges for material)and also charges service tax on the entire contract value.
On which portion is the TDS charged? whether on the entire contract value or the balance 20%?
If on the 20 % only,then why does the vendor charge ST on the whole contracted value?
Kindly explain with circular/rule
Bala Abiramy
(Querist)
15 January 2009
Hi all,
In a case,where a contractual agreement is made for interiors of an office space and the vendor charges VAT on 80% of the contract value(that being the charges for material)and also charges service tax on the entire contract value.
On which portion is the TDS charged? whether on the entire contract value or the balance 20%?
If on the 20 % only,then why does the vendor charge ST on the whole contracted value?
Kindly explain with circular/rule
In a case,where a contractual agreement is made for interiors of an office space and the vendor charges VAT on 80% of the contract value(that being the charges for material)and also charges service tax on the entire contract value.
On which portion is the TDS charged? whether on the entire contract value or the balance 20%?
If on the 20 % only,then why does the vendor charge ST on the whole contracted value?
Kindly explain with circular/rule
Dhirajlal Rambhia
(Expert)
24 June 2023
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