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Please help GST tds

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Ankush

Student

1374 Points Posted on 28 May 2020

is the same required to be deducted on import of goods by government agency

Replies (5)

Quick Summary

This discussion clarifies that GST TDS is generally not required on the import of goods by government agencies. GST TDS applies to taxable supplies made by suppliers to government agencies exceeding ₹2.5 lakh. However, TDS is only applicable to transactions between Indian entities. Imports, where the supplier is outside India, are therefore exempt from GST TDS.

CA Akshay Hiregange

Partner - Audit & Assistance

4825 Points Posted on 28 May 2020

No, GST TDS is applicable on taxable goods or services provided by a supplier to govt. agencies exceeding Rs. 2.5 lakh (refer Sec 51 of CGST Act).

Ankush

Student

1374 Points Posted on 28 May 2020

It is exceeding 2.5 lakhs but is import so party from whom import is made will not have any GST number

CA Akshay Hiregange

Partner - Audit & Assistance

4825 Points Posted on 28 May 2020

Please look at proviso to Section. TDS is applicable on transaction within Indian entities only.

"Provided that no deduction shall be made if the location of the supplier and the place of supply is in a State or Union territory which is different from the State or as the case may be, Union territory of registration of the recipient".