21 May 2011
whether TDS is applicable ON SUPPLY ( By Manufacturer)OF PRINTED PACKAGING MATERIALS? please answer keeping in minde two circulars:
1. “Board Circular No. 715, dated 8-8-1995 applies only to the supply of printed materials with prescribed specifications and not for other purchases.”
2. . the provisions of section 194C would apply in respect of a contract for supply of any article or thing as per prescribed specifications only if it is a contract for work and not a contract for sale - Circular No. 13/2006, dated 13-12-2006
21 May 2011
The circulars referred are pertaining to the periods prior to 1/10/2009 which has become redundant in view of the substituted section 194C which came into effect from 1/10/2009. Pl read the sub clause (e) of clause (iv) of explantion to substituted section 194C which will give the answer for your query.
22 May 2011
my supplier is Manufacturer. he purchase plastic film and then make printing/ lamination on bags, pouch etc. as per design provided by customer.
22 May 2011
in such a situation it will amonut to a contract of sale and will be covered by exception provided in Explanation(iv)(e) to section 194C No TDS
CAclubindia
