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Itc on tds under gst

ITC / Input 1040 views 10 replies

Ravi SADhiyan

Practice

4510 Points Posted on 16 January 2019

Whether the deductee can claim the input tax Credit on the deduction of tax at source amount under GSTR-3B

Replies (10)

Vinod Babu

24196 Points Posted on 16 January 2019

Yes...........
..

Ravi SADhiyan

Practice

4510 Points Posted on 16 January 2019

Originally posted by : Vinod Babu
	Yes........... ..

How to availed

With related notification & provision

Dear Sir, I dont have notifications but on practical base I answered the query.
One of my client is government work contractor, he received a payment from the government after deducting 2% TDS.
Later I filed TDS statement and got the TDS deducted amount to client Electronic cash ledger...

Pankaj Rawat

GST Practitioner

55067 Points Posted on 16 January 2019

dear Ravi ji

1. Sub clause (5) of Section 51 CGST Act , says that the deductee can claim ITC of TDS deducted by deductor in his Electronic cash ledger

2. Kindly Refer circular 65/39/2018

3. Refer SOP released on CBEC site

Ravi SADhiyan

Practice

4510 Points Posted on 17 January 2019

Dear Pankaj Sir

Without filled GSTR-2

How it possible to take TDS credit in E- Cash Ledger

Vinod Babu

24196 Points Posted on 17 January 2019

Dear Ravi sir, No need to file GSTR2...
TDS credit can be taken by filing TDS Table in monthly tab section.

Ravi SADhiyan

Practice

4510 Points Posted on 17 January 2019

Originally posted by : Vinod Babu
	Dear Ravi sir, No need to file GSTR2... TDS credit can be taken by filing TDS Table in monthly tab section.

In which Table no in monthly tab section.

of GSTR-3B

Please Give Your Valuable answer

Pankaj Rawat

GST Practitioner

55067 Points Posted on 17 January 2019

RAVI JI

TDS DEDUCTED BY GOVT IS NOT AN ITC WHICH IS GOING TO REFLECT IN GSTR 2A,....ITS GOING TO REFLECT IN TDS TILE ON THE PORTAL & AS SOON AS THE DEDUCTEE ACCEPT IT,..ITS GET TRANSFERRED TO CASH LEDGER OF DEDUCTEE

CA Sanjiv Kumar

3430 Points Posted on 18 January 2019

yes ..............

Vinod Babu

24196 Points Posted on 20 January 2019

Dear Ravi sir,
While selecting the monthly table.
There is " TDS and TCS "Table along with other table like GSTR1, GSTR2A, GSTR3B.
Just open the TDS table and accept the details and file it.
After that TDS amount will be transferred to cash ledger.