Withholding Sales tax

[smimranhaider]

Dear All
Plz tell me that on which value the withholding tax will be deducted if we are also deducting withholding ST.
E.g
Purchase 100 Units of A @ Rs 50/-per unit excluding ST 16% & SED 1%.
Invoice Value 5,000 + 850 (ST 800, SED 50) = 5,850
Withholding Amount for Sales Tax = 170
Balance Payable Amount = 5,000 + 680 = 5,680

Now in which amount we will deduct Direct Tax.

[LapTop]

App 204.75/= rupees deducted karo gay Income Tax @3.5%, Income Tax hamesha withheld hota hay gross amount par including all taxes.

[smimranhaider]

<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by LapTop</i>
<br />App 204.75/= rupees deducted karo gay Income Tax @3.5%, Income Tax hamesha withheld hota hay gross amount par including all taxes.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

Thanks for your kind support

[Riftaj]

you must be calculated i tx on whole invoice price ok i mean RS 5850, the amount of i tax will Rs 205/=

Rifi

<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by smimranhaider</i>
<br />Dear All
Plz tell me that on which value the withholding tax will be deducted if we are also deductiong withholding ST.
E.g
Purchase 100 Units of A @ Rs 50/-per unit excluding ST 16% & SED 1%.
Invoice Value 5,000 + 850 (ST 800, SED 50) = 5,850
Withholding Amount for Sales Tax = 170
Balance Payable Amount = 5,000 + 680 = 5,680

Now in which amount we will deduct Direct Tax.







<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">