TDS and Service Tax Collection

I want to know TDS will be collected in what percent. Service Tax in what percent generally they will collect. And other taxes also.

Showing Answers 1 - 3 of 3 Answers

Manjunath.kotagi

  • Dec 4th, 2016
 

For service rendered invoice we need to deduct TDS, if vendor Pan# 4th letter is P we have to deduct 1% on base amount, if 4th letter is C or F or any, we need to deduct 2% TDS, if the invoice related any professional service, we have to deduct 10% in base amount. Usually they will collect 15% service tax including SBC and KK Cess

  Was this answer useful?  Yes

Give your answer:

If you think the above answer is not correct, Please select a reason and add your answer below.

 

Related Answered Questions

 

Related Open Questions