Querry on tds on contractors bill

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Accounts Manager
182 Points Joined October 2016

TDS ON CONTRACTORS IS APPLICABLE FOR SINGLE BILL IS ABOVE RS.30000/- . MY QUESTION IS IT INCLUDING GST OR EXCLUDING GST . FOR EXAMBLE 

BILL FOR MAINTENANCE IS RS.33187/-

 

MAITENANCE CHARGES   RS.28125/-

SGST RS.                                     2531/-

CGST RS.                                     2531/-

                                                    ----------

TOTAL                                        33187/-

IN ABOVE CASE TDS IS DEDUCTABLE OR NOT

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On 07 December 2017 at 11:00 Report
Replies (12)
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GST Practitioner & Accounts
15064 Points Joined March 2014

Maintenance charges of what ?.

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On 07 December 2017 at 11:08
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CA
297 Points Joined September 2013
TDS IS DEDUCTED ON AMOUNT EXCLUDING GST TO AVOID DOUBLE TAXATION...
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On 07 December 2017 at 11:27
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GST Practitioner & Accounts
15064 Points Joined March 2014

Above case  TDS  is not  applicable, amount  is less than 30000/- , if it is single payment  in the year . you can not  charge  tds on GST amount .

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On 07 December 2017 at 11:46
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Founder of IndiaITR.com
184 Points Joined December 2017
GST is not included.
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On 07 December 2017 at 12:01
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CA
297 Points Joined September 2013
TDS IS DEDUCTED ON AMOUNT EXCLUDING GST TO AVOID DOUBLE TAXATION... THUS NO TDS IN UR CASE
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On 07 December 2017 at 13:02
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CHARTERED ACCOUNTANT
310 Points Joined May 2009

 CBDT has clarified  Vide Circular No. 23/2017 that if GST on services has been indicated separately in the invoice, then no tax would be deducted on GST component

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On 07 December 2017 at 13:37
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article assistant
116 Points Joined December 2015
Tds is applicable

maintenance ch. ......dr. 28125
sgst input ..............dr. 2531
cgst input .............dr. 2531
To creditor/party
To Tds 1|2 % (as per case)
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On 08 December 2017 at 19:01
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article assistant
116 Points Joined December 2015
as it is mentioned in the act "single payment made to contractor exceeds 30000 tds applicable" in the above case if tds rate 1% then payment required to be made to party exceeds 30000 hence provision applicable and if rate 2% then payment required to be made less than 30000 hence not applicale
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On 08 December 2017 at 19:05
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article assistant
116 Points Joined December 2015
one more thing tds ll not applicable on GST as rightly said by Mr. tapasya,prasad,vineet
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On 08 December 2017 at 19:07
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CA
297 Points Joined September 2013
Mr Vijay tds limit has to be seen on bill amount and not what you pay after deducting tds...
if that was the case then in 194j tds of 10% would never be req to be deducted if payment was nearer to 75k...thats not what the law wants to convey
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On 08 December 2017 at 19:49
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article assistant
116 Points Joined December 2015
yes, i apologize
even i knew that tds will not applicable on GST,i dont know what i was thinking while posting
Thank you for correction
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On 08 December 2017 at 20:28
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CA
297 Points Joined September 2013
no issues @ vijay
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On 08 December 2017 at 21:29

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