194Q Tds on purchase of goods threshold

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35 Points Posted on 26 December 2022
While calculating the threshold limit of 50 lacs, is GST portion to be included in that?
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On 26 December 2022 at 16:42 Report
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This discussion clarifies the threshold for Tax Deducted at Source (TDS) on the purchase of goods. It explains that the GST portion is generally not included when calculating the threshold limit for normal scheme assessees. However, for composition dealers, the GST amount is considered part of the threshold.

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SEO Sai Gr. Hosp.
212503 Points Posted on 26 December 2022

For normal scheme assessee, GST portion will not be added in the threshold limit. 

But for composition dealer, it gets added up.

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On 26 December 2022 at 18:33
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Profession
28261 Points Posted on 27 December 2022
Gst is tax paid to the government. So it is never being added.
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On 27 December 2022 at 10:35

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