Interested to Buy Any Domain ? << Click Here >> for more details...
Dear sir i am a contractor and making a invoice for Rs.
1500000= in which 1200000 for material and 300000 for labour
charges how should i make a invoice with material and what
will for format of invoice, if i make separate invoice for
material and separate for labour charges what service tax
and sales tax chaeges will be. and what TDS will party
deduct on my bill. pls answer as soon as possible.
- 2 Answers
- 8331 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / pawan
You should prepair seperate bills for both transactions VAT
& Service Tax will be applicable as per prescribed rates
and party will deduct TDS @ 1% on Labour charges bill if
your PAN is in the name of individual/ HUF & @2% if your
PAN is other than individual/ HUF
| Is This Answer Correct ? | 10 Yes | 0 No |
Answer / sudhakar
You can prepare one bill with vat on 67% on value & 33%
service tax on invoice value.
TDS will be deduct @ 1% on 33% ov invoice value, if
your PAN is in the name of individual/ HUF & @2% if your
PAN is other than individual/ HUF.
WCT WILL Also attract 2%
| Is This Answer Correct ? | 7 Yes | 2 No |
how much deduct TDS company or non company
what is the SAT?
The party has raised service bill for Rs. 120000. The TDS deductor company made TDS on Rs. 100000 i.e., Rs.20000 is deducted on the gross bill of Rs 120000. My question is whether to deduct TDS on Rs.120000 or on Rs. 100000?
If we purchase Inter -state any Plant & Machinery for Works contract for completion of a Project and later after completion of the same if we move that material to other State , Can we get "C" form against this material where we have purchased it. Is there any Notification regarding the same . In which circumstances a Works contractor can get "C" Form ? If against "C" Form a works contractor purchased the material and passed on the material via Works contract to the client whetheer Local VAt rate is also applicable on the same .
1 Answers Tribeni Constructions Ltd,
what are taxes imposed in mumbai if goods comes from vijayawada to mumbai
If my Income is 180000 p.a., so what tax I have to be deposit, explain with details of total calculation?
how to calculate sub contract tds his bill 48500?
what is the mean of payment of contract,subcontract and professional charges
what is the rate of wct in india ie delhi ncr and who can veryfiy the same and what is the commond and check list applicable for an taxman/ officer
If we want to do online PT registration it starts from 2007-08. But our firm started 2005-06. What is the procedure? Manually we have to submit the documents. Can any one let me know.
Can we take input tax credit on purchasing of table and trolley for business.....
What is the exemption limit of senior citizen for F.Y. 2010- 11?
Audit 
