TDS Not Applicable: Transaction for Flexi Packaging Materials Deemed a Sale, Not a Works Contract u/s 194C.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....TDS u/s 194C - works contract - purchase of packing materials - The entire material of flexi packaging were purchased by the suppliers on their own and paid Excise Duty and VAT - It is a case of sale and not “works contract” and section 194C will not be applicable - AT....