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TCS on GST
sir,if supplier raise tax invoice after charge IGST 5% and TCS .0075% whether recipient deduct TDS from this tax invoice or pay whole amount please reply me
Replies (1)
TDS under GST only applies to specific government-related entities when contract values exceed ₹2.5 lakhs; it is calculated on the taxable value excluding GST. If you are not such an entity, you do not deduct TDS. TCS is a separate compliance burden for e-commerce operators and does not affect your obligation to pay the full invoice amount unless you are legally mandated to act as a TDS deductor.
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