Is TDS to be deducted on amount includeing GST? Explain with example
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Tax deducted at source
Replies (4)
Quick Summary
No TDS only for sales value.
eg: Gross Invoice 10000
GST 18% 1800
Total Invoice value 11800.
we need to deduct TDS only for 10000
eg: Gross Invoice 10000
GST 18% 1800
Total Invoice value 11800.
we need to deduct TDS only for 10000
TDS on amount before GST amount. That is on Invoice amount as reduced by GST as per invoice
Correct
Tds is calculated on pre gst value and other taxes , that is on basic value .
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