TDS and GST on Franchise Fees and equipement supplier
This query is : Resolved
15 October 2019
Hi,
I am starting a restaurant, taking a franchise from a established brand.
1. Do I need to cut TDS on one-time franchise fees paid to the franchise along with GST?
2. Do I need to cut TDS for the kitchen equipment supplier as I am already paying him GST?
Thanks
I am starting a restaurant, taking a franchise from a established brand.
1. Do I need to cut TDS on one-time franchise fees paid to the franchise along with GST?
2. Do I need to cut TDS for the kitchen equipment supplier as I am already paying him GST?
Thanks
15 October 2019
Franchise fees attract tds under 194J
Purchase of equipment not attract TDS.
Purchase of equipment not attract TDS.
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