Dear Sir,
Recently our company has purchased Computer Firewalls ( Hard Ware) from a vendor for Rs.5,90,000/- (inl.of GST)
1) In Agreement it was clearly mentioned that the value of Computer Firewalls ( Hard Ware) is Rs. 5,90,000 /- inclusive of value of supply of Firewalls and installation, transport,insurance and applicable taxes if any..
2) Tax Invoice shows value of Fire walls 2 Q Rs.5,00,000/-
GST @ 18% Rs.90,000/-.
Total Rs.5,90,000/-
In this regard please guide me
I) whether I need to deduct IT TDS under 194J or 194C and GST TDS ?
II) what would be the IT TDS & GST TDS if it is for software purchase ?
III) If installation charges are separately shown in the invoice i.e.,
Value of Materials Rs.4,50,000/-
Installation charges Rs.50,000/-
GST @ 18% RS.90,000/-
Total Bill Rs.5,90,000/-
on amount TDS is to be deducted whether on total bill value or only on installation charges.
I Hope i will get the professional advice very soon... thanks in advance
CAclubindia
