Household goods

This query is : Resolved 
Profile Image

Profile Image

(Querist)
20 March 2025 Grocery purchased for poor people donatio
For tds under 194 q limit crossed.
For deducting tds can gst taken into consideration or not.
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
21 March 2025 GST (Goods and Services Tax) has a specific role in Section 194Q of the Income Tax Act. GST is excluded from calculating the total turnover of a financial year. However, when calculating the TDS (Tax Deducted at Source) to be paid under Section 194Q, GST is included at a rate of 0.1%.
Profile Image

Rajkumar Gutti

Profile Image

Rajkumar Gutti (Querist)
21 March 2025 Sir is there any notification, circular for reference
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

Dhaval Kakadiyapro badge

Profile Image

Dhaval Kakadiyapro badge (Expert)
22 March 2025 No TDS to be deducted on GST component. CBDT has already clarified that vide Circular 23/2017 dated 19th July, 2017.
Profile Image

Rajkumar Gutti

Profile Image

Rajkumar Gutti (Querist)
22 March 2025 Sir
there is a puzzle bcoz in your first reply, you mentioned, gst componant is included for deducting tds.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links