12 March 2012
Dear sir My question 1.Should i deduct VAT from contractor bill who is providing the service of food supply but he is not showing the any TAX on bill. what to do? 2.Is VAT return necessary ? if yes then How?
12 March 2012
Mr Raju Kumar, TDS from the payments made to a food supplier or cateen contractor is necessary if yours is an industry. Otherwise PSUs and govt & semi-govt bodies are required to do tds from the payments made to their contractors. This rule differs in some states.Please mention your state to know the correct position....MJK
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