Is TDS deduction is mandatory on transport services when reversible GST already applied of service invoices provided by transporter ?
Menu
Tds on transport services after gst
Replies (2)
TDS should be deducted when we have received service of Rs 30,000 in a month or Rs 1,00,000 in a year irrespective of GST registration of service provider,
TDS shall be deducted on Basic value, as per the applicable TDS rate
tds should be deducted U/S 194c and according to it if one single amount paid or invoice is greater than 30000 excluding taxes or 100000 in a year
But if transporter self declared that is own less than or equal to ten trucks than you may not deduct tds on the same.
But if transporter self declared that is own less than or equal to ten trucks than you may not deduct tds on the same.
Recent Topics :
- On which amount 200% penalty under section 270A is
- RECEIVED INTIMATION U/S 399 FOR TDS PAYMENT ON PRO
- How do CA firms track SEBI/AMFI circulars and dead
- Jurisdictional validity of Sec 148 notice after fa
- Taxable Income or Not
- GST Input Tax Credit (ITC) on Camera Purchase &
- What makes CA Himanshu Singla different from other
- TAX TREATMENT AND ACCOUNTING ENTRIEOF PERQUISITES
- Gifting money to my father-in-law (my husband's da
- GSTR-1 JSON from marketplace exports (Myntra / Ama
Related Topics :
CAclubindia
