Is TDS deduction is mandatory on transport services when reversible GST already applied of service invoices provided by transporter ?
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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.
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