A state government has received supplies for which a tax invoice has been raised as follows - Should he deduct TDS under GST @ 1% each only on Rs. 50,922 /- or is he supposed to deduct on Rs. 53,468.10/-? Please guide
| 1 | Items supplied | 50922.00 |
| 2 | Freight @ 5% | 2546.10 |
| Output | 53468.10 | |
| 3 | Output CGST @ 2.5% | 1336.70 |
| 4 | Output CGST @ 2.5% | 1336.70 |
| 5 | Total after R/Off | 56142.00 |
TDS should be deducted All Consideration Amount except GST Tax Amount
So that TDS should deduct include Freight Amount
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
