narayan maheswari (student) 14 November 2019
I have installed solar plant in my business premises. I received two tax invoices one is of rs. 265000 plus 18% gst for solar power generation system and second is 22000+ 18% gst for solar plant installation charges.
My ques is while making payment should I deduct tds or not?
If yes then under which section??
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RAJA P M ("Do the Right Thing...!!!") 14 November 2019
Tds not applicable in this transactions. One invoice is purely purchasing for goods...
The service invoice not exceeding 30k.
So, TDS not applicable...
Kapadia Pravin 15 November 2019
Solar power plant is purchase invoice of assets and there is no TDS on that.
Second is installation charges which is less than 30000/- ( the threshold limit of single bill) and hence no TDS under 194C is required to be deducted.