Dear Sir,
please give a suggesstion on, Printing bills with VAT or TOT, TDS is deducted or not, as per 194-c
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TDS on VAT bills like Printing
Replies (5)
YES
I HAVE READ ONE JUDGEMENT FROM MUMBAI HIGH COURT, IN WHICH IT WAS DECIDED THAT, IF THE MAJOR ELEMENT OF CONTRACT IS FOR SALE OF GOODS AND PRINTING OF NAME OF THE COMAPNY IN CARTON BOXES ARE INCIDENTAL TO SUPPLY OF GOODS, TDS NEED NOT BE DEDUCTED.
iN YOUR CASE, MAJOR CONTRCT IS FOR SALE AND PRINTING IS JUST INCIDENTAL AND TRANSACTION IS IN THE NATURE OF SALE OF GOODS.
HOWEVER, LET US WAIT FOR OPINION FROM SOME MEMBERS
For all customised purchases especially with name or logo TDS is applicable u/s 194C. However, if the contract for sale and the printing is seperated then you deduct TDS on the printing amount. If it is one composite bill then on the whole amount. The recently ammended section 194C suggests that. Earlier there used to be a clarification that had made TDS applicable on the entire amount.
| Originally posted by : raj | ||
 |
Dear Sir, please give a suggesstion on, Printing bills with VAT or TOT, TDS is deducted or not, as per 194-c |
 |
| Originally posted by : raj | ||
|
|
Dear Sir, please give a suggesstion on, Printing bills with VAT or TOT, TDS is deducted or not, as per 194-c |
|
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