Hi,
TDS deducted under Section 194-O,
GST Applicable right.
As per 26AS Statement,
Transaction Value need to pay GST right.
Please, can you explain this
194-O is tds to be done by E commerce platform provider (eg - Amazon)
If you are supplying goods of 10,000+GST thru Amazon, Amazon will deduct Tax @ 1%* 10,000 = 100
TDS shall not be done on GST portion.
If it is an e commerce operator, it will deduct tds under 194 O.
I gave an example of Amazon.
Yes..
assuming rate is 18%
Value of Services = 10,000
GST (10,000*18%)= 1,800
Gupta Sachdeva & Co. Chartered Accountants
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