Credit note TDS applicable

niloy sanyal (account manager) (777 Points)

06 October 2021  

We have received a serviced invoice (For Welding Charge) Rs. 45000+Gst(18%) from ABC Ltd.  but some items Problem purpose ABC Ltd. Issue a CREDIT NOTE Rs. 5000+GSt(18%)

Now My Question is we will deduct TDS 94C on which amount Rs. 45000 @ 2% or (45000-5000=40000 @ 2%), Please Clear urgent?