Dear Freinds.
We have issued two separate order to a Vendor/contractor one is PURE PURCHASE ORDER and another is PURE WORK ORDER.
The vendor/contractor submitted the two seperate bills one is for supply in which charge applicable VAT and another bills pertaining to labour charges including service tax.
Kindly advice, We are liable to deduct WCT on bills submitted by vendor/contractor for supply of material as well as labour.
kindly advice its urgent
there is no need to deduct WCT as there are two separate bills i.e., divisible between material and labour. So the Material bill is pure sales bill and labour bill is service bill which required to deduct TDS under Income tax Act, if limit is crossed.
NO WCT
If we have issued a work order to a contractor and the contractor submitted the two seperate bills one is for supply in which charge applicable VAT and another bills pertaining to labour charges including service tax.
Kindly advice, We are liable to deduct WCT on bills submitted by contractor for supply of material as well as labour.
Kindly advice with provision.
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
