Andhra Pradesh Value Added Tax Rules, 2005- Forms
-

Body

FORM 501D

APPROVAL OF THE APPLICATION FOR QUANTIFICATION OF TAXABLE TURNOVER FOR THE PURPOSE OF TAX DEDUCTION AT SOURCE

(See Sec 22 (3) & Rules 18 (1)(f))

01. Tax Office Address:

____________________________________________

Date

Month

Year

02. Name of the Contractor :

03. TIN of the Contractor :

Upon examination of your application in Form 501 C filed on______________________

In this office, it is certified that the correct rate at which tax deduction at source shall be made is as arrived below.

1	Name and address of the contractee	:
2	Name of the works contract *	:
3	Nature of the works contract	:
4	Total Value of the contract		: Rs.___________
5	Total deductions (total of (a) to (e) below)		: Rs.___________
	a) Labour charges	: Rs.___________
	b) Hire charges of machinery and tools	: Rs.___________
	c) Cost of consumables	: Rs.___________
	d) Cost of establishment relatable to labour and services	: Rs.___________
	e) profit relating to labour and services	: Rs.___________
	f) Value of goods purchased or obtained from outside the State directly in relation to the agreement for execution of works	: Rs.___________
6	Taxable turnover (Value in Col.4 less value in Col.5)		: Rs.____________
7	Taxable turnover as % of total value of the contract (Value of Col.6 as % of value in Col.4)		: Rs.____________
8	Percentage of tax to be deducted from the total value of the contract as per sub clause (i) or (ii) of clause (b) of sub rule (1) of rule 18)		: Rs.____________

The authority to deduct the tax at source is hereby requested to make the deduction at the rate of ______________% (as per column 8 above ) from % of the amount payable every time and to remit the tax so deducted to the Government treasury within fifteen days from the date of the deduction of tax at source.

Place:	Assistant Commissioner/ Commercial Tax Officer ________________ Circle.
Date :

Note:1. The Deducting Authority/ Employer is required to deduct the tax as mentioned above,

each time the amount is released to the contractor.