VAT TDS

701 views 2 replies

Dear experts,

I am working in a private limited company , I have one doubt on Vat TDS 

We have given one contract ( 194C) to another company but the contractor  was not registered under VAT and also he is not providing invoices with VAT.

But actually contractee shold have to deduct Vat TDS while making payment but in this case contractor was not registered under VAT , So what i have to do while making payments. pls..... help me ( both contractee and contractor from Andhra Pradesh)

Thank you,

ysd prasad

Replies (2)

Dear,

As per my knowledge & experiance, assessee should deal with registered dealers. when the party is not a registered dealer he can not levy any tax or duties. when ur company is under VAT audit, then the department will raise the demand from your company, due to the dealing with unregistered dealers.

agrre with krishna


CCI Pro

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