Contract - GST TDS

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This query is : Resolved

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This discussion addresses concerns about Goods and Services Tax (GST) Tax Deducted at Source (TDS) for contractors working with government companies. Specifically, it clarifies whether a contractor can claim GST TDS if the deduction is made in a subsequent financial year rather than the current one. The consensus is that it is permissible to claim the TDS in the next financial year, as the contractor is not at fault for the delayed deduction.

sankar ponnan

sankar ponnan (Querist)
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15 April 2021 Sir / Mam

We are GTA and having Contract with a Govt Company. It deducts GST TDS at the time of payment as the Value of Contract exceeds Rs.2,50,000/- p.a.

In case if they fail to pay GST TDS on behalf of us in the current financial year but pay on the next financial year, Can we avail it ?

In case if they pay full amount to us without deduction of GST TDS, How to treat it?

Plz guide us
Thanks in adv