Tds on purchase of spare parts for vehicles
This query is : Resolved
12 December 2016
Our vehicles (4 wheeler) are used for providing services to Banks in PAN India. Generally the vehicles r required to change spare parts for maintenance purpose. Is TDS are deductible from the bill of vendors who r engaged to repair the vehicles. Pls advice.
12 December 2016
TDS applicable u/s 192c in respect of payment for repair of vehicle including spares.
12 December 2016
If billing by the Vendor is billing separately for spare and repair charges, then TDS is deductible only on repairing charges.
12 December 2016
Section 194C will be attracted. Ask vendor to submit separate bill for spares. Then TDS will be deducted only on Maintenance Charges. No TDS on bill of spares. If consolidated bill is given then TDS to be deducted on total amount.
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?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Disallowance of Section 43B(h) to sez units
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- 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
