Can anybody advise on TDS whether applicable on Printing job which is including material and advertisement of the same in media?
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TDS on Printing & stationery
Replies (25)
Dear friend,
Any works contracts which involes manual labour will attract TDS which should be deducted @ 2.266%.
Section 194C will apply
HI Mukesh,
TDS should be levied @ 2.266% and if they are providing material + printing both it attracts wct also.
Dear,
You can ask for separate bill for matrials & printing job if possible.
On Material VAT will be levied & we need not to deduct TDS for supply of goods.
IF WE HAVE PURCHASED PRINTING & STATIONERY AS PER OUR SPECIFICATION & SALES TAX IS CHARGED ON IT , THEN NO TDS IS TO BE DEDUCTED, IF SALES TAX IS NOT CHARGED , THEN TDS IS TO BE CHARGED.
Yes it will attract TDS u/s 194C as work is involved in it & charged @ 2.266%
Mr. Bansal
Please rethink about your comment. There may be so many cases where Sales Taxes and sectiuon 194C both will be applicable and vice versa.
printing works contracts which involes manual labour will attract TDS which should be deducted
TDS should be deducted @ 2.266% as 194C applies to printing & Stationery, which is as per specifications.
dear friends
its better to undergo with two different contract because printing works attract 2.266% TDS + WCT also , and advertisement contract 1% only. so in the view of above the compant should suggest to issue two invoice separate for each. Other wise TDS shall be deducted on gross amount charged @ 2.26%+ WCT also.
Why TDS in not deducted when CST is charged?
Dear all,
There is no need to deduct TDS on the printing if the goods in material is transferred by the Contractor and VAT/CST is being charged. There is also a circular is issued by the department over that.
Regards
Ravi
| Originally posted by :Guest | ||
| " | Dear all, There is no need to deduct TDS on the printing if the goods in material is transferred by the Contractor and VAT/CST is being charged. There is also a circular is issued by the department over that. Regards Ravi |
" |
https://www.capitalmarket.com/CMEdit/story11-37.asp?SNo=147783
| Originally posted by :Mukesh | ||
| " | Can anybody advise on TDS whether applicable on Printing job which is including material and advertisement of the same in media? |
" |
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