Tds on gst.
rocky kumar (7 Points)
06 December 2018But payment is made after 1st Oct, so the company is liable to deduct Tds on gst or not?
rocky kumar (7 Points)
06 December 2018
RAHUL
(Student CA Final )
(377 Points)
Replied 06 December 2018
TDS under GST law is only required to be deducted by Govt. Dept and PSUs, and not everybody else, and only if the value in contract exceeds Rs. 250,000. TDS is not required to be deducted on the GST component.
rocky kumar
(7 Points)
Replied 06 December 2018
RAHUL
(Student CA Final )
(377 Points)
Replied 06 December 2018
Then deduct TDS, excluding the GST component.
rocky kumar
(7 Points)
Replied 06 December 2018
pritesh
(CA Final student)
(7101 Points)
Replied 06 December 2018
Pankaj Rawat
(GST Practitioner)
(55057 Points)
Replied 07 December 2018
rocky kumar
(7 Points)
Replied 07 December 2018
Pankaj Rawat
(GST Practitioner)
(55057 Points)
Replied 07 December 2018