Financials for India - EBS (MOSC)

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Lower TDS Deduction Based on Purchase /Service Value

edited Jul 7, 2025 1:58PM in Financials for India - EBS (MOSC) 4 commentsAnswered

Hi Team

I have receive requirement from our vendor he got lower TDS deduction certificate from GOVT

0.6% under sec 194C till reach his service/purchase value reach 10 crore

How to meet this requirement where i can define the 10crore value

Normally we are defining exception case under Sec 194C (for 1% rate )

Single Invoice from amt 30000

Cumulative Invoice from amt 100000

Regards

karthikeyan T

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