A private limited co (software) has got the prize money from the government in a competition organized by government...it has given the prize money in the form of grant...
the organization has
deducted the TDS under 194c
can u pls guide for the received amt gst is applicable???
if yes pls guide on this...
Menu
Get applicable or not
Replies (1)
Goods and Services Tax (GST) is an indirect tax (or consumption tax) used in India on the supply of goods and services. But not on prize money.
Recent Topics :
- Rcm on rent paid
- Clarify on GST Application
- Residential status for overseas students visitin
- Capital Gains Tax
- LTCG 112A and business loss
- FAST-DS 2026 applicability: foreign employee share
- NRI Property Sale in India: TDS Rates and Key Comp
- Clarification on September 2026 PF Calculation for
- DRC-03 interest paid under CGST/SGST instead of IG
- GSTR1 amendment Bulk bills
Related Topics :
CAclubindia
