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Gst,Tds

Radheshyam (Employee) (27 Points)

28 April 2018

sir , gst and TDS dono ek hi Bill par kab lagte h
kis par dono ek sath lagte h

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5 Replies

prasad Nilugal ( GST Practitioner & Accounts ) (14927 Points)
Replied 28 April 2018

Both TDS and GST is on Commission , Rent , Etc

Shaik Sharief (Article Assisant) (87 Points)
Replied 28 April 2018

suppose u r a software company hiring a outside firm for sudden work and bill is more than 30000 then .. if that outside firm has gstin then it will invoice u for said services plus 18 gst .. when u r settling that amount u r under obligation to hold tds us 194j 10 on basic amount excl gst and pay him balance.. hope it conveys ..

Radheshyam (Employee) (27 Points)
Replied 28 April 2018

sabhi service par jis par TDs h gst applicable ho sakta h kya

Shaik Sharief (Article Assisant) (87 Points)
Replied 28 April 2018

not like that..taking above example.. the firm is un registered then.. it can't collect gst from u but u need to deduct TDS and deposit against 194j in succeeding month 7th challan ..and file return and show it against his pan ..

prasad Nilugal ( GST Practitioner & Accounts ) (14927 Points)
Replied 28 April 2018

See what I want to say here that , when you are paying commission you have to deduct TDS @ 5% if commission amount is more than 15000/- , and while issuing commission Invoice you are chargeing GST . So both TDS and GST are applied here .