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GST AND TDS ON SALE OF PROPERTY

This query is : Resolved 
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20 July 2020 ONE OF MY FRIEND IS IN PROCESS OF PURCHASING UNDER CONSRUTION PROERTY IN MUMBAI. AGREEMENT VALUE OF THE PROPERTY IS RS.5500000/- . AS PER BUILDER HE IS LIABLE TO PAY GST @ 8% i.e. Rs. Rs.440000 AND TDS ON SALE OF PROPERTY @0.75% i.e. RS. 41250 ON AGREEMENT VALUE. NOW MY QUESTION IS IF I AM PAYING AN AMOUNT OF RS. 41250 AS A TDS ON SALE DO I NEED TO PAY GST ON RS. 41250/- ALSO ?
I THINK THAT I HAVE TO PAY 8% GST ON 5500000-41250=5454600
5454600 X 8% = 436368

I REQUEST YOU TO KINDLY ADVICE ME IN THIS MATTER PLEASE.
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CA Altamush Zafar

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CA Altamush Zafar (Expert)
20 July 2020 Yes GST not to be paid on Income Tax TDS/TCS amount
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