If a supplier of goods is also a Contractor doing labour work, then is it necessary to collect separate bills one for material & the other for labour? or else tell me what is to be doen?
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Answer Posted / bijender sharma
Don't be confused.You are right separate bills are required for material and job work. You will be taxed only for value of material sold to you. On other side you will deduct TDs on amount to be paid for job work as per section 194-C.
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