Tds on gst
This query is : Resolved
26 September 2017
Sir We are Govt. Org. we came to know that TDS has to be deduct on contracts which exceeds 2.5 lakhs.
Queries:
1. We are deducting TDS (IT - 94C) - 2% for GST again we have to deduct 2%(CGST&SGST) if contract value exceeds2.5 lakhs?
2. Threshold limit 2.5 lakhs are single contract or multiple contracts?
please clarify my doubts Sir Thanking you
Queries:
1. We are deducting TDS (IT - 94C) - 2% for GST again we have to deduct 2%(CGST&SGST) if contract value exceeds2.5 lakhs?
2. Threshold limit 2.5 lakhs are single contract or multiple contracts?
please clarify my doubts Sir Thanking you
26 September 2017
TDS under Income Tax Act and under GST Act are different.
TDS under GST Act is not yet in force. Registration of TCS and TDS service will be available on GST portal shortly.
TDS under GST Act is not yet in force. Registration of TCS and TDS service will be available on GST portal shortly.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Taxable or Tax exempt
- CAPITAL GAIN BASE ON NOTIFICATION
- Form 140 tds
- ADVANCE PAYMENT OF ADVOCATE
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- NRI starting business in India
- GST not cancelled by tenant
- DIN reactivation
- Invertaded duty struture
- Capital gain on sale and purchase of plot
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
