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GST & TDS Applicable

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niloy sanyal

account manager

408 Points Posted on 16 November 2023

We Have received a Invoice from Interior Service Company (Unregister in GST ACT ) for our Office Interior Work purpose with MATERIAL Value Rs. 11,12,130.00

1) we will deducted TDS for this above Invoice ? because Material also involve for this transaction and party not showing any Separate service bill.

2) GST- RCM Is applicable for this above transaction?

Replies (3)

Quick Summary

This discussion clarifies the applicability of Goods and Services Tax (GST) and Tax Deducted at Source (TDS) for office interior work. It explains that TDS is generally applicable under Section 194C at a rate of 2% for interior services, even when materials are involved, as long as the invoice doesn't separate material costs. Reverse Charge Mechanism (RCM) for GST is typically applicable if the recipient is registered under GST.

Prakash Patil

25 Points Posted on 16 November 2023

1) tds will applicable sec. 194c
2) no rcm will applicable

Eswar Reddy S

CFO- at NHTF

15022 Points Posted on 17 November 2023

Interior service comes under service category. You may deduct 2% tds under section 194C and RCM is applicable if you are registered under GST.

sabyasachi mukherjee

Profession

19978 Points Posted on 17 November 2023

Tds stands for tax deducted at source.
gst stands for goods and service tax act.
material purchase us not subjected to tds.
service is subjected gst act.
material is also subjected to gst unless exempted under the act.