08 September 2019
Tds applicable as per 194C Manufacturing or supplying a product in accordance with requirement or specification of a customer using material purchased from such customer. However, it will not include material purchased from person other than customer.
If you make payment ₹ 30,000 which is for each contract, whereas ₹ 100,000 is for p.a.you have to deduct tds 1 or 2 % as applicable.