Querry on tds on contractors bill



TDS ON CONTRACTORS IS APPLICABLE FOR SINGLE BILL IS ABOVE RS.30000/- . MY QUESTION IS IT INCLUDING GST OR EXCLUDING GST . FOR EXAMBLE 

BILL FOR MAINTENANCE IS RS.33187/-

 

MAITENANCE CHARGES   RS.28125/-

SGST RS.                                     2531/-

CGST RS.                                     2531/-

                                                    ----------

TOTAL                                        33187/-

IN ABOVE CASE TDS IS DEDUCTABLE OR NOT

 
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Accountant

Maintenance charges of what ?.

 
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TDS IS DEDUCTED ON AMOUNT EXCLUDING GST TO AVOID DOUBLE TAXATION...
 
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Accountant

Above case  TDS  is not  applicable, amount  is less than 30000/- , if it is single payment  in the year . you can not  charge  tds on GST amount .


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Founder of IndiaITR.com

GST is not included.

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TDS IS DEDUCTED ON AMOUNT EXCLUDING GST TO AVOID DOUBLE TAXATION... THUS NO TDS IN UR CASE

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CHARTERED ACCOUNTANT

 CBDT has clarified  Vide Circular No. 23/2017 that if GST on services has been indicated separately in the invoice, then no tax would be deducted on GST component


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article assistant

Tds is applicable

maintenance ch. ......dr. 28125
sgst input ..............dr. 2531
cgst input .............dr. 2531
To creditor/party
To Tds 1|2 % (as per case)
 
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article assistant

as it is mentioned in the act "single payment made to contractor exceeds 30000 tds applicable" in the above case if tds rate 1% then payment required to be made to party exceeds 30000 hence provision applicable and if rate 2% then payment required to be made less than 30000 hence not applicale
 
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article assistant

one more thing tds ll not applicable on GST as rightly said by Mr. tapasya,prasad,vineet
 
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