Tds on works contract under karnataka vat

If labour and material charges are not shown separately then deduct TDS on full invoice amount

Originally posted by : ashish gupta
	If labour and material charges are not shown separately then deduct TDS on full invoice amount

at what rate? is there no standard deduction for labour portion ?

There is no Standard Deduction for material or labour portion. Deduct tds at full rate at full invoice amount. text from the section 194 C is reproduced below.

3) Where any sum is paid or credited for carrying out any work mentioned in sub-clause (e) of clause (iv) of the Explanation, tax shall be deducted at source—

(i) on the invoice value excluding the value of material, if such value is mentioned separately in the invoice; or

(ii) on the whole of the invoice value, if the value of material is not mentioned separately in the invoice.

Boss, i m asking for TDS under Karnataka VAT Act. not under IT Act. 

Sorry I did not realise that. No idea about karnatka VAT. M sorry again

Not an issue. Tq. 

nope. VAT act also provides provisions for TDS ....

Vat tds is also described by the state vat . so the rate of vat tds is different from the TDS in Income Tax.

TDS 4% on Total Amount