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Tds on payment to security service agency

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This query is : Resolved

Rajendra Kumar Das (Querist)

24 January 2019 One security agency of kolkata has engaged for providing security guard in and around of Assam. The agency submitted the bill for payment. The details are given below:
Taxable Value- Rs.353514.00
IGST @ 18%- Rs. 63633.00
Total = (Taxable Value+ IGST)- 417147.00

My query is that- During payment to the agency what amount of TDS on contractor(IT) and TDS on GST will be deducted.

Thiyagarajan Kandasamy

Thiyagarajan Kandasamy (Expert)

24 January 2019 194C Contract / Sub Contract, 2% TDS if the Vendor Registration is Company if they were an Individual - 1% TDS to be deducted.

Rajendra Kumar Das

Rajendra Kumar Das (Querist)

24 January 2019 Dear Sir....my boss said that, during payment tds on contractor @2% would be deducted on taxable value and tds on gst @2% is also deducted (1% each for CGST and SGST) on taxable value of invoice. Is it correct ?

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