Any change in 194c ?
This query is : Resolved
22 January 2012
Sir,
Pl. advice regarding any chage in 194c in chas of -
manufacturing or supplying a product according to the requirement or specification of a customer by using material purchased from such customer.
Thanks,
Pl. advice regarding any chage in 194c in chas of -
manufacturing or supplying a product according to the requirement or specification of a customer by using material purchased from such customer.
Thanks,
22 January 2012
manufacturing or supplying a product according to the requirement or specification of a customer by using material purchased from such customer. TDS require to deduct in this case ? any change in 194C ?
23 January 2012
Should there be a contract between both the parties where in the other party is manufacturing and supplying a product as per the requirement of the first party then the provision of section 194C shall attract. You can refer to circular no. 715 in this regard.
23 January 2012
The then existed section has been substituted by the Finance (No.2) Act,2009 w.e.f 1/10/2009.
In view of that, you may refer clause (iv) of the explanation to the post substituted section which ,I hope ,will solve your issue.
In view of that, you may refer clause (iv) of the explanation to the post substituted section which ,I hope ,will solve your issue.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Disallowance of Section 43B(h) to sez units
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Sale of property furniture sale
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Redevolpment of bldg in mumbai
- Refund of AY 22-23
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
CAclubindia
