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TDS on solar plant


narayan maheswari (student)     14 November 2019

narayan maheswari
student 
 3 likes  132 points

| My Other Post

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??

avater

RAJA P M ("Do the Right Thing...!!!")     14 November 2019

RAJA P M
"Do the Right Thing...!!!" 
 8321 likes  113783 points

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Tds not applicable in this transactions. One invoice is purely purchasing for goods...
The service invoice not exceeding 30k.
So, TDS not applicable...

1 Like
avater

Kapadia Pravin   15 November 2019

Kapadia Pravin

 916 likes  14288 points

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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.

1 Like

prakash patel   15 November 2019

prakash patel

 2 points

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Installation is services for that applicable on TDS & actually single invoice limit is 30000/- so that on deducted TDS,


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