banner_ad

Tds on...

Others 653 views 5 replies

"Providing and fiting 1"  pipe pvc and necessary fitings earth work" Rs.1900. Does it attract VAT inaddition to TDS @ 1%and if so, VAT is to levied inclusive of TDS or on value only. 

Replies (5)

vat is chargeable on the value of material and the tds is deductable on service portion.......

Actually, the consideration quoted is inclusive of labour.How do I seggregate??

Ask the issuer of invoice for seggregation of amount between labour and material......if the seggregation is not possible then TDS is required to be deducted on the whole amount inclusive of value of material given that the requirements of section 194C are met.

@ RAvinder Singh.

TDs agreed.VAT:::: to be levied on value + tds or value alone(in case of non seggregation).

And is there any threshold for VAT like TDS..

 

vat to be levied only on value.......and provisions of vat are as per respective state vat acts......


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
11 May 2026
CA Dropout

Patron Accounting LLP

Pune

CA Inter

View Details
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
11 May 2026
Post office

Post office

Anakapalle

Others

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details