Is tds to be deducted from the payment of composite deader

02 June 2018

Is TDS to be deducted from the payment of composite deader

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7 Replies

TaxLab (Article Assistance ) (137 Points)
Replied 02 June 2018

Originally posted by : Nilmani Chakraborty
	Is TDS to be deducted from the payment of composite deader

TDS to be deducted when payment to composite dealer if payment cover under TDS provision.

Nilmani Chakraborty (45 Points)
Replied 02 June 2018

That's mean in case of contractor who is registered under composition scheme will be liable to pay TDS at 1% or 2%

RAJA P M ("Do the Right Thing...!!!") (128106 Points)
Replied 02 June 2018

@ Nilmani.,

You mean.,
From the payment - Composite Dealer ?

or

To payment - Composite dealer....?

RAJA P M ("Do the Right Thing...!!!") (128106 Points)
Replied 02 June 2018

Originally posted by : Nilmani Chakraborty
	That's mean in case of contractor who is registered under composition scheme will be liable to pay TDS at 1% or 2%

This transaction is not valid...

Composition dealer can't give services...

If the dealer is under Composition then the transaction is INVALID

1 Like

Mohit Bhownani (46 Points)
Replied 02 June 2018

Work contractor not eligible under composition scheme

nisar ahmad (183 Points)
Replied 02 June 2018

exact

TaxLab (Article Assistance ) (137 Points)
Replied 02 June 2018

Yes, contracter is liable to pay TDS as per TDS provision But as per GST act composition scheme is not appliable on work contract.

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