TDS on IGST

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This query is : Resolved

Quick Summary

If your service recipient has deducted TDS at 2% on IGST charged on your bills, you can claim this as credit against your GST liability. The deducted TDS will appear in your GSTR 2A and can be accepted via the 'TDS/TCS credit received' tile on the GST portal. Once accepted, it's credited to your cash ledger, allowing you to use it to offset your GST payments.

MAKARAND DAMLE

MAKARAND DAMLE (Querist)

14 January 2022 Recipient of our service has deducted TDS @ 2% on IGST charged to them on our bills.
This TDS is visible in GSTR 2A

My question is how credit for this tds can be taken by us while paying out GST liability ?

Also is there any time limit to claim credit for this TDS ?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

15 January 2022 Steps to file 'TDS and TCS credit received' on GST portal
Step 1: Login toGST portal.
Step 2: Go to 'Services' > 'Returns' > 'Returns Dashboard'
Step 3: Select the return period of GSTR-3B being filed and proceed to 'TDS/TCS credit received' tile.
Accept the credit.

CA Puja Sharma

CA Puja Sharma (Expert)

15 January 2022 You can sue the TDS deducted under gST to set off your GST liability. It will come under cash ledger after you accept the TDS deduction.
1. Login Got o GST Portal
2. Services> return> TDS/TCS credit received.
3. Select the month> Accept the credit.

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