We gave work order for the supply, fabrication and installation of tensile fabric structure for the total value of Rs.10,78,000/- (700 / sq.ft.), and tax extra as 14.5% for fabric and steel on 70% of the value of job and 12.36% for labour on 30% of the value of job. (Total value is Rs.12,27,389/-). The company raises separate invoice for supply of steel and Labour charges for fabrication. What is tds applicability on this, whether we have to deduct for total order value or only for Labour charges and what is the percentage (2% or 10%). Kindly clarify.
CAclubindia
