Tds

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

01 January 2016 whether tds require to deduct on Excise duty portion also

for e.g: BAsic 10000
Excise duty 1250
Total 11250

on which amount require to deduct tds

thanks in advance

Ankur Singhal

Ankur Singhal (Expert)
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01 January 2016 Dear
TDS is not required to be deducted on the amount of Excise duty.

Querist : Anonymous

Querist : Anonymous (Querist)

01 January 2016 amendment for non deduction of tds is only for service tax na

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Ankur Singhal

Ankur Singhal (Expert)
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01 January 2016 Dear
But we can take that as a ground for the same.
Also that was not an amendment that was a CBDT circular.
Also in practical life we do not deduct TDS on VAT also.

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