Tds deduction contractors

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Sayed Sulaiman (Querist)
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19 June 2018 Sir, we are an educational trust and we are constructing new premises for school. Do we have to deduct TDS from Contractors and what about deduction for other infrastructures like Centralized AC, networking, Civil works, fire fighting equipments.Do we have to deduct TDS on bill value with GST or without GST. Pls advise

Ashiwini Ballodia

Ashiwini Ballodia (Expert)
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19 June 2018 Kindly deduct TDS u/s 194C @ 1%/2% of single payment exceeds 30,000 or aggregate payment exceeds 1,00,000 during a financial year TDS to be deducted on bill without GST i.e. amount excluding GST

Sayed Sulaiman

Sayed Sulaiman (Querist)
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20 June 2018 Thank you, what about centralized AC and CCTV installation etc as this bills include product with their contract charges. Pls advise

Ashiwini Ballodia

Ashiwini Ballodia (Expert)
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20 June 2018 Deduct TDS on service part

Sayed Sulaiman

Sayed Sulaiman (Querist)
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27 June 2018 what about if we are dealing with unregistered local contractors and amount exceeds Rs 1 lakh per annum

Ashiwini Ballodia

Ashiwini Ballodia (Expert)
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27 June 2018 Unregistered in respect of what GST or he doesn't have PAN Card

Sayed Sulaiman

Sayed Sulaiman (Querist)
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27 June 2018 No PAN and no GST registration.

Ashiwini Ballodia

Ashiwini Ballodia (Expert)
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27 June 2018 Than deduct TDS @ 20%

Sayed Sulaiman

Sayed Sulaiman (Querist)
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29 June 2018 we want to import furniture from China for our Education Trust School. we have TAN and PAN registration and IEC code. Supplier from China insisting for GST no which we don't have since this is School and furniture is for school use only. How to go about. Pls advise

Ashiwini Ballodia

Ashiwini Ballodia (Expert)
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29 June 2018 Don't have idea better consultant a GST consultant.

But a question why the China supplier needs your GST No.?

Sayed Sulaiman

Sayed Sulaiman (Querist)
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30 June 2018 One quick question we are paying our contractor not the full amount of the bill instead we will ascertain the percentage of work completed and we will release the payment. Previously we have miscalculated TDS amount and paid little extra in TDS account. Can we adjust this against our future payments. Please advise.

Sayed Sulaiman

Sayed Sulaiman (Querist)
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03 July 2018 Pls someone get back

Ashiwini Ballodia

Ashiwini Ballodia (Expert)
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04 July 2018 You cannot adjust because if you pay less TDS than default will come.

Alternatively you may revise earlier TDS return and the excess payment which was made remained it unconsumed, than in current year use the unconsumed challan by giving the challan number in current quarter return

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