Tcs_tds
Pradnya (student) (217 Points)
11 March 2024
Why tcs is collected inclusive of GST and TDS is collected on Base amount?
1 Replies
Khush Trivedi
(3951 Points)
Replied 13 March 2024
In my opinion it is not calculated on the Invoice amount rather TCS will be calculated on the Taxable amount of the goods covered us 206C nd it will be added in the invoice & then Buyer will make the payment along with the TCS & GST amount I think there is no connection between TCS calculation & GST in that invoice they are just Collected together
Correct me if I wrong!!!
Really Nice Query
Correct me if I wrong!!!
Really Nice Query
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