value of contract is 2.7 lakh but only 2.45 lakh is required to execute the whole work.
in this case gst need to be deducted or not as the contract value is more than 2.5 lakh but executed value of work is less than 2.5 lakh.
thanks in advance
Menu
Gst deduction less than 2.5 lakh
Replies (2)
If value of contract is 2.7 lakhs then it should be deducted As it exceeds 2.5 lakhs rupees (TDS)
TDS applicable for the contract value...
Recent Threads
- Inverted Rate structure .
- Exemption to be climed
- GST TDS u/s 51 Applicability on RBI and it's subs
- Time allowed to buy another asset
- ITR not processed for the FY 2024-25
- Gift of money to my wife.
- Tax Audit If you show Loss
- GST Tax invoice Value Rs..234000
- Can I claim benefit under 54F if I sell my equity
- Income tax refund 25/26
Related Threads
CAclubindia
