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TDS rate for furniture
I have received furniture bill rs 127650 without GST but there are no separate charges for labor then I can deduct TDS? if yes on what percentage It is individual
Replies (7)
Furniture purchased by you ?
If it is a composite bill having no bifurcation.
Then gst is applicable.
Otherwise bill has to be seperate for material and bill.
Then gst is applicable.
Otherwise bill has to be seperate for material and bill.
If you given contractor for making furniture then you need to deduct TDS @ .75 % for individual
Wrong rate mentioned.
Rate is right
Due to covid situation, government reduce rate of tds from 1% to .75%
Due to covid situation, government reduce rate of tds from 1% to .75%
Yes for office use
Yes, tds to be deducted @ .75%
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