Tds on works contract

Sivaraman A R (.) (1040 Points)

17 February 2016  

Our vendor has submitted bill in the following manner

Form 8C Bill of KVAT Rules (Work Contract Non Compounded Category Dealers)

Work Contract charge – 100

VAT/WCT

100*80%*14.5% - 11.60

(Why 80% - As per Kerala VAT Rules– 20% is considered as labour charge)

Service Tax

100 * 70%(Std deduction scheme of Service tax Valuation rules) * 14.5% * 50%(SP RCM)= 5.075

Total (100+11.60 +5.075) – Rs 116.675

Form 8CA Bill of KVAT Rules (Work Contract Compounded Category Dealers)

Work Contract Charge – 100

Service tax – 100*70%*14.5%*50% = 5.075

Total = 105.075

What is the amount of TDS to be deducted in each case?