banner_ad

Tcs provisions under gst

Others 262 views 7 replies
User Avatar

Kkk
1204 Points Posted on 01 October 2020
what are the tcs provisions in gst that is applicable from 1 october 2020 can any one guide
1 Reply Share Follow
On 01 October 2020 at 17:56 Report
Replies (7)
User Avatar

30 Points Posted on 01 October 2020
TCS on 206C(1H) is applicable on value inclusive of GST right??
Please clarify
Reply
On 01 October 2020 at 18:29
User Avatar

GST Practitioner
55067 Points Posted on 01 October 2020
TCS Applicable from 1/10/2020 is under Income tax not under GST.
1 Reply
On 01 October 2020 at 23:35
User Avatar

30 Points Posted on 02 October 2020
Yes..but tcs at .1/.075% to be applied on value inclusive of GST??
Reply
On 02 October 2020 at 11:45
User Avatar

GST Practitioner
55067 Points Posted on 02 October 2020

yes its applicable after gst amount , on total invoice value .

(Refer Corrigendum to Circular no. 76/50/2018 -GST)

1 Reply
On 02 October 2020 at 13:08
User Avatar

Kkk
1204 Points Posted on 02 October 2020
Plz clerify it
Reply
On 02 October 2020 at 13:57
User Avatar

30 Points Posted on 02 October 2020
Ok..thank you sir
Reply
On 02 October 2020 at 16:56
User Avatar

GST Practitioner
55067 Points Posted on 15 October 2020

@ Jyoti

Taxable value. 100

GST . 12%         12

Total .            112

Now TCS Applicable on Rs 112/-

Reply
On 15 October 2020 at 00:21


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topic

More recent discussions | Post

Related Topics
Loading

Latest Job Openings

View all
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details