12-25-2009, 02:26 AM
Dear Riftaj,
If your supplier supplies wood from his own cultivations and no further processing is made thereof then his supplies will be exempted from WHT under section 153, since in such a case his supplies will be treated as agricultural supplies.
However, if he is not a cultivator or supplies is made after further process, then you will have to deduct tax under the said section regardless of his claims.
Be specific with your query so that better response may be provided by the members.
Reards,
If your supplier supplies wood from his own cultivations and no further processing is made thereof then his supplies will be exempted from WHT under section 153, since in such a case his supplies will be treated as agricultural supplies.
However, if he is not a cultivator or supplies is made after further process, then you will have to deduct tax under the said section regardless of his claims.
Be specific with your query so that better response may be provided by the members.
Reards,
