Tds deduction

C KALYANAKUMAR (Sr.MANAGER - COMMERCIAL)   (37 Points)

13 January 2018  

Please clarify that if  X are sold materials to Y,  the Y has converted that materials as component for X,    then  Y sold that components to X (including Material cost+Conversion Cost+Margin).    Both X & Y  issuing Tax Invoices with applicable GST rates.

Here,  When the payment is made to Y,   whether X has to deduct the TDS under 194C or not.    Please clarify.