Regarding tds-works contract

Hi I am Vijayalaxmi please let me know immediately..!

I have to deduct TDS on Works contract for Individual(Carpenter). He is giving a bill which is inclusive of material which I cannot seperate the labour and material. Now here I have small doubt about it. Should I take the Total bill amount for TDS deduction or should I seperate the labour charges and deduct the TDS? Please let me know soon.

Thank you

Replies (3)
No no you need to deduct the TDS on entire bill. Note further that if u r an entity than u need to submit the service tax also under reverse charge as pet rule 2 (1) (d). Total bill- 100 Rate of service 70%(actual rate provide in rule) So service 70 now 50% of above need to deposit as service tax
Sorry 50% on which u need to deposit the service tax.

You have to deduct TDS on full bill value.

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