05 March 2013
Issue 1:A. pvt Ltd is purchasing Spiral Pad, mouse, Photocopies, Coloue x-rox,A4 paper, Tissue, Diary, CD from Proprietor firm B. B is charging VAT on all the goods which all are inclusive of all taxes. whether B is correct in levying VAT on all the goods.
Issue 2: Whether TDS need to be deducted on such payments?