TDS on Printing of Cards, Pads etc.


Naina (CA Student)     18 September 2009

Naina
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Whether TDS is deductible on payment for printing of visiting cards, job cards, letter pads etc?

Thanks

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santhosh (CA)     18 September 2009

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See whether it is a Job work kinda, otherwise forget about deducting TDS. one more Criteria is whether VAT or Service tax is Charged in the invoice

. If SERVICE tax is charged Deduct TDS i or f VAT is charged Dont Deduct TDS

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Naina (CA Student)     18 September 2009

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Originally posted by :santhosh
" See whether it is a Job work kinda, otherwise forget about deducting TDS. one more Criteria is whether VAT or Service tax is Charged in the invoice
. If SERVICE tax is charged Deduct TDS i or f VAT is charged Dont Deduct TDS
"


 

No VAT/Service Tax is charged by the printing press company.

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CA Hemant Kumar (CA, LLB (p), B.Com)     18 September 2009

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You just verify that is it a contract............if it is then TDS is deductible u/s 194C

But keep the Limit of Rs. 20000 per bill and Rs. 50000 aggregate in mind

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Sunil (Trader)     18 September 2009

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Even if VAT is charged by sales tax TDS is deductible on this. This is because stationery printed for you can only be used by you. Likewise even if you get any article with your name printed on it, TDS is applicable. It is better you show invoice for article and seperate bill for the printing charges and deduct TDS on that.

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Aditya Maheshwari (CA in Practice)     18 September 2009

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TDS deductible u/s 194C

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CA. SUDHARSAN K G (Chartered Accountant)     19 September 2009

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it is a contract for Job hece TDS Chargeability will be u/s. 194 C

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Vivek Jarial (Student)     19 September 2009

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it is contract of work so tds is applicable u/s 194c

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sivaram (Asst Mgr-Taxation)     19 September 2009

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TDS ON CONTRACT UNDER SEC 194C defintley if service tax is charged and even if vat is charged provided your letter heads and pads have your company logo or name engraved on it

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Pawan Kumar (audit manager)     19 September 2009

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i need to confirm that if invoice show service tax then TDS will be deducted and if invoice show VAT then TDS will not be deducted. is it true? i m not sure.

as per my knowledge TDS should be deducted in both cases.


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