Service tax and tds on works contract.

Balendra Parmar (Finance Manager) (199 Points)

17 January 2012  

Dear Sir,

we have problem for book invoice of works contact. The material part is 67 % and service tax portion 33 %.We have charged TDS on gross amount and service tax.This is correct method for TDS? Also we have want to deduct tax at source from material portion also. This is correct?

Regards,

Balendra Parmar

Gujarat.