Classic Withholding Tax and Extended Withholding Tax

[Former Member]

Hi,

What is the difference between Classic Withholding Tax and Extended Withholding Tax.

Regards

RKG.

[m_madhu · Accepted solution]

Mydear ,

1. CWT : only for payment.

1. EWT : payment and invoices

2. CWT : Only for vendors

2. EWT : for vendors and customers also.

3. CWT : only one tax component (like TDS )

3. EWT : N no of tax component (like TDS + Surcharge + Ecess + H Ecess)

above are the major diffrances.

I hope above information will resolve your issue.

reg

Madhu

[manohar_d · Accepted solution]

Hi Madhu,

Thank you for sharing it