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Tds for material cost + service charges bill

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 July 2013 How much TDS Percentage is Applicable for Material Cost + Service Charges bill. The Invoice Value is 32000. Material Cost is 70% and Service Charges is 30% and Plus Service Tax.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
03 July 2013 Yes. TDS applicable on gross value of bill, unless the material portion bill raised separately

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