Dear All,
We have recieved a bill for paving block installed for our parking. They have charged GST of 28%. I would like to know we need to deduct the tds on the same. Bill value is more than 1,00,000/-
Menu
Tds on paving blocks
Replies (9)
Yes... Deduct u/s 194C @ 1% / 2%
single sum paid RS.30000(TDS 1%of sum) or aggregate of sums paid during the financial year Rs.1lakh ( Rs.75000upto31/5/2016)( TDS 2%of sum paid).
>1lakh -2%
If Individual @ 1%
If Partnership @ 2%
If Partnership @ 2%
Can any one tell me why paving blocks are need to be deducted the TDS? Under what circumstances?
Read Your Query...
Read Your Query...
Find out the reason...
Define nature of transactions...
Also check out the bill from the supplier....
Finally ask your query again...!
Above said reply based on your query only...
Find out the reason...
Define nature of transactions...
Also check out the bill from the supplier....
Finally ask your query again...!
Above said reply based on your query only...
What Raja Sir said is CORRECT
Ok Thank you.
Recent Topics :
- Gst input credit
- CAN PARTNERSHIP FIRM SIGN SERVICE AGGREMENT WITH A
- E-waybill
- Sell of CAFC books
- ITC ON RENT
- GSTR-9 Table 8A Portal and Excel Issues
- IGST on Commercial Rental Income (Different State)
- Revocation of suo moto cancelled GST registration
- Is there any faculty taking chapterwise test in CA
- Late Fees and Interest
Related Topics :
CAclubindia
