LIVE GST Certification Course by CA Arun Chhajer begins 27th April. Register Now!!

TDS and GST

RAHUL (Student) (206 Points)

07 April 2020

Does currently tds applies to gst invoice or how tds and gst are related.?
pls help

Reply
Follow
Share

6 Replies

Rajkumar Patel (602 Points)
Replied 07 April 2020

Please, explain your query in details.

RAHUL (Student) (206 Points)
Replied 07 April 2020

Relation between tds and gst.? does tds attracts on gst amount.?

Rajkumar Patel (602 Points)
Replied 07 April 2020

No... TDS is deducted on Taxable value and not on GST AMOUNT

1 Like

RAJA P M ("Do the Right Thing...!!!") (127140 Points)
Replied 08 April 2020

@ Mr Rahul.,

If You are asking TDS as per income tax against GST invoices then TDS will be deductible on basic value of the invoice.

Also TDS deductible only for supply of Services, not for supply of goods...

RAHUL (Student) (206 Points)
Replied 08 April 2020

Ok..thank you

Pankaj Rawat (GST Practitioner) (55032 Points)
Replied 08 April 2020

TDs/TCS is not applicable on GST amount . (Cannot Tax on tax)

The same has been cleared by Corrigendum to Circular No. 76/50/2018-GST dated 31st December, 2018