TMI Blogcomposite contractX X X X Extracts X X X X X X X X Extracts X X X X ..... We have outsourced a contract for Interiors - Composite contract - Material labour to be executed at Vijayawada.The contractor does not hold registration in AP.He has a registration in Telangana. What is the rate of TDs to be deducted on the contract value as a whole, if he has not registered in AP. Liability of the contractee to deduct and issue certificate. If the contractee has to ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... deduct, on what value and at what percentage should TDS be deducted and remit to the Govt and issue certificate. Thanks Saket - Reply By YAGAY AND SUN - The Reply = There is no provision in the CST Act to deduct the TDS on Interstate Works Contract. If the contractor get the RC in the State where the WC is being conducted then provision of deduction of TDS under State VAT Laws would be appli ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cable otherwise not. - Reply By Ganeshan Kalyani - The Reply = Saket ji, the supply is interstate. In that CST shall apply on material portion. Further, VAT TDS is under State VAT law and state VAT law doest not have power to tax interstate transaction. Centre has not given power to states to tax local sales. - Reply By Ganeshan Kalyani - The Reply = Correction in my last sentence of prev ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ious reply. Pls read as Centre has not given power to states to tax interstate transaction. - composite contract - Query Started By: - saket s Dated:- 7-1-2016 Value Added Tax - VAT-CST - Got 3 Replies - VAT and Sales Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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