27 June 2018
We have received one service invoice from one of our client with GST. We are not registered in GST as per threshold limitation, but we have TAN & PAN now when we make the payment of our client TDS to be deducted please advise me on what amount TDS to be deducted. We are explaining the said transaction with Example as below:
Total Bill Rs.94400/- ( Basic Rs. 80000/- and IGST 18% Rs 14400/-) now the queries are:
Whether TDS to be deducted on Rs. 94400/- or on Rs. 80000/- as we have no scope to claim GST credit for Rs.14400/-. more over we have to book the expenses for Rs. 94400/-
CAclubindia
