TDS Rate

tds on what ???????????

There is no TDS on Purchase / Sale of Tiles and Marbles. But TDS will attract only when Labour is used for fitting such Tiles or Marbles. Thus, you will be liable to deduct TDS u/s 194C on the Labour Charges paid. The TDS rate for Individual is 1% whereas for Co./ Regd, Firm it is 2%. You will have to dedcut TDS only when single bill goes above30000 and aggregate bill goes above75000 p.a.

You will have to dedcut TDS @ 20% if the deductee does not have P.A No. or has an invalid P.A No.

Regards,

Devendra

No TDS shall be deducted on marble or granite dealer. However the people who produce marble or granite have to pay TCS to the government

thnxsssssssssssssssssss.