Shraddha Sinari 17 October 2019
I am a consultant and provide services related to strategy building. One of my clients has deducted 2% GST TDS, What will be the accounting entry for GST TDS deducted? Also, How can I claim this deducted TDS?
Kumar Sushank (Asst. Manager - Accounts & Taxation) 17 October 2019
Your client will be related to Government. Entry will Be as GST Input or It will be better to create a ledger in the name "GST-TDS".
You have to follow below steps to claiming this.
Login your GST>>Services>>Returns>>TDS and TCS credit received
Select all data and accept the same then filed.
However, There are no due date to file this. So, you can file anytime.
Deducted amount will show in your cash ledger after this process. Then you can take benefit of that amount as GST Input.