IF BILL OF JOB WORK HAVING WITH VAT AMOUNT THEN WHICH AMOUNT
IS LIABLE FOR TDS DEDUCTION THAT IS WHOLE INVOICE AMOUNT OR
EXCLUSIVE OF VAT AMOUNT
Answers were Sorted based on User's Feedback
Answer / siddharth tyagi
TDS should be deducted on the Invoice value including VAT.
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Answer / dhirendra kr kushwaha
Job work bills are two types:-
1
1:Exclusive of materiai(only labour charge):- only tds on bill amt.
2:Inclusive of material(Labour charge+ material cost):- Vat on material value & TDS on lobour amt.
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