Tds on gst
This query is : Open
03 July 2019
Sir,
I want to know about tds liability on GST.
If a company issued a invoice on 31 may 2019 and service also taken same day but receipient of supplier who received this invoice on 20 Jun 2019, then in this case, when receipient will liable to deposit tds , according to invoice date or according to when he make entry of this bill in his books of accounts.
Also confirm in simple language the meaning of credited to supplier , as far as our knowledge it mean when we book invoice in books of account or enter the bill in software by debiting exp and crediting supplier accounts.
I want to know about tds liability on GST.
If a company issued a invoice on 31 may 2019 and service also taken same day but receipient of supplier who received this invoice on 20 Jun 2019, then in this case, when receipient will liable to deposit tds , according to invoice date or according to when he make entry of this bill in his books of accounts.
Also confirm in simple language the meaning of credited to supplier , as far as our knowledge it mean when we book invoice in books of account or enter the bill in software by debiting exp and crediting supplier accounts.
04 July 2019
The answer is in the 2nd part of the query.
04 July 2019
But there is one CA is saying that TDS will liable as per invoice date , if he received invoice of 31 may 2019 in 20 June then he is liable to deposit tds for may month,
How can we explain or satisfy him
How can we explain or satisfy him
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