Menu
Tds Deduction
can we deducting TDS on advance payment under GST act.
Replies (8)
Yes.
Section 51 states any payment made under a contract if value of contract exceeds 2.5 lakh.
Section 51 states any payment made under a contract if value of contract exceeds 2.5 lakh.
NO, Under Gst Their Is Nor Such Kind Of Provision
Saurabh kindly check section 51 of CGST Act 2017 once and reply back.
Brother Naveen Bhartia section 51 applies only govt entity not for us plz read carefully
any payment that too govt entity
No... No need to deduct tds under gst for advance or any other payments...
The TDS provisions applicable to govt and it's related entities.
The TDS provisions applicable to govt and it's related entities.
Yes TDS provisions under Gst applicable only when the receipt is govt entity.
Kindly take into consideration Notification No. 50/2018 – Central Tax.
And Kiran what type of entity are you talking about?
And Kiran what type of entity are you talking about?
Recent Topic
- AIS UTILITY
- NPS Premature withdrawl -Tier 1 Account
- Provident fund taxation
- ITR3 AY 26-27 Error in filling status
- Queries on TDS as per IT
- Capital Gains set off on Sale of Land if held for
- ITR Form for income from freelance consultancy
- Gst rate for HSN code 28530010
- Health Insurance
- India GST Mobile App
Related Topics
CAclubindia
