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