VAT TDS on works contract

VAT (Legacy) 2238 views 4 replies

Dear experts,

  I am working in a pvt ltd company i have a doubt on VAT TDS

1. we have given  works contract to one contractor for a Rs. 1crore so now  we want to give 30 lacks advance to the contractor so now my question is am i deduct VAT TDS on advance amount ? as per my experience whenever the bill will raised by the contractor then only we have to deduct vat tds on earlier given advances is its right ?

2. If i deduct  VAT TDS on raised bills then i have to give form 501A to the contractor but here my doubt is am i show this VAT TDS transaction in my companies monthly VAT return (Form 200) ? sir plz..........help me

Thank you,

ysd prasad

Replies (4)

plz...... anybody can help me.......about this..?

1.which state ?

2. As far as VAT TDS in Maharahstra state is concerned , TDS in WCT is aplicable on either advance or bill which is first. So TDS is requred to be deducted at respective rate depending upon whethere the works contractor  who is carrying out the work is registered under Local VAT Act. if is RD 2% if URD 4%

First of all you have to file VAt 40 with in 30 days of contract awarded and

WCT would be deducted at the time of presenting the bill by the contractor.

Thanks 4 ur explanations.... 

              Banwat  ji aforesaid vat case from Andhra Pradesh


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
16 June 2026
Sr. Associate / Assistant Manager | TAS / FDD

Boutique Investment Bank & Transaction Advisory Firm

Gurgaon

CA

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details