Tds to be deducted on vat

CA.Varalakshmi.M (Manager-Finance) (482 Points)

07 August 2012  

Hi ,

Suppose we get an invoice for purchase of customised software as follows (They charge both VAT and ST as apart from selling of software product they are providing implementation and maintenance services-We cant bifurcate amounts on which VAT and ST to be charged)

Basic  amount             100

ST @ 12.36%                12.36/-

Vat @ 5%                      5/-

Gross                         117.36

Do we need to deduct TDS on 117.36/- ?

Is it a professional serivce?194J?

 

 

Thanx in advance