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
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Gst deduction less than 2.5 lakh
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Quick Summary
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...
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