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TDS to be deducted without Service Tax component - Circulation 01/2014

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Hi All,

 

As Kavita already raised about Circular Number 1/2014 dated 13.01.2014, amount of Service Tax should be excluded at the time of calculation of TDS on Vendor Invoice. However, Circular is silent about Excise And VAT charged by Vendor. Hence, TDS should get calculated on Basic Invoice amount + VAT & Excise if any and Service tax should be excluded.

 

I am also looking solution and  configuration document, if anybody have these solution, kindly share @ snsingh.sapfico@gmail.com

 

Best Regards,

Shobhnath


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