Tds Calculation Issue

This query is : Resolved 

31 May 2024 A Company issued the invoice Rs. 354000/- (including 18% gst) after that Supplier made payment Rs. 348000/- (After deduct 2% Tds).
Is this correct calculation..?
Total Value - 354000
Taxable value - 300000
Tax Value - 54000 (18% Gst)
300000 - 2% = 294000 After deduct 2% Tds
294000 + 54000 = 348000


31 May 2024 Yes, that's correct ....

07 September 2024 Good Luck.




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