Dear Friends,
I have received Invoice to party for repair & maintenance of Transformer where Party Use some Material & Provide some Services.
For Exemple
Items descripttion Amount (RS.)
Material Used 100/-
ADD. Vat @ 14% 14/-
Total (A) 114/-
Service Charges 40/-
ADD. Service Tax @ 12.36% 4.94
Total (B) 44.94
Total (A+B) 158.94
Pls. Advise me.
1. Which Amount TDS should be deducted Only Service Charges or total Amount of Invoice. ?
2. Its belongs to WCT YES or No. if yes what should be do. ?
3. Pls. Clear the concept with reason ?
With Regards
Amit
CAclubindia
