Tds possible for vat sales invoice ?
Ashok
(Querist) 06 December 2014
This query is : Resolved
Dear sir,
We are manufacturer of Computer papers.Getting Paper from the paper mills ( Excercise and VAT Paid invoice on purcase ).
We supplying to some couriers. We fix some prices. we done 5% VAT invoices. Rightnow customer want my PAN for TDS deductions.
We done sales.Regarding this any IT notification is there ? kindly inform me sir.
Looking for your support.
ajay sethi
(Expert) 06 December 2014
raise query in CAclubindia .com
Anirudh
(Expert) 06 December 2014
If it is simplicitor supply, without any material being received from the customer/purchaser, then the question of TDS (and PAN for that purpose) will not arise, even though the computer papers may be supplied by you according to the specification of the customer/purchaser.
Sailesh Kumar Shah
(Expert) 06 December 2014
on sale of goods, no tax deduction at source (tds) is required.
Ashok
(Querist) 06 December 2014
sir Do you have any IT reference for TDS.
Sailesh Kumar Shah
(Expert) 06 December 2014
you have already same asked me on my mobile and reply was made accordingly.
T. Kalaiselvan, Advocate
(Expert) 10 December 2014
There is no question of TDS for supply of goods. If you are not satisfied with the experts replies, you may pester your tax consultant because you are paying him/her for the services availed through the consultant in this regard.
