26 December 2011
suppose a trader provides riffled water jar to a company of an amount (app. Rs. 6000 p.m ). can the company deduct tax against the service of the trader ? if yes then what should be the rate and what base ?
26 December 2011
Water is purchased by the company and Jar or bottle is just a container which is received back by the water trader. . This activity is of sale of water. TDS is not required to be deducted.