Tds on gst

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

08 July 2017 TDS on GST invoice:
Professional Charges Rs 3,00,000.00
Assume Input CGST @ 9% Rs 27,000.00
Assume Input SGST @ 9% Rs 27,000.00
Invoice Total Rs 3,54,000.00
TDS under IT @ 10% Rs 30,000.00
TDS under GST @ 2% Rs 1,080.00 (TDS on CGST + SGST)
Net Payable Rs 3,22,920.00
My question is,
1. Whether TDS under GST @ 2% is to be calculated on CGST + SGST total or
2. Whether TDS under GST @ 2% is to be calculated on invoice total.
3. Whether TDS under GST calculation provided above is right? If not please suggest me the calculations...

Suresh Ramaswamy

Suresh Ramaswamy (Expert)
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08 July 2017 As per the provisions of Section 51 (1) of CGST Act 2017, the TDS has to be made on the value of taxable goods or services excluding GST. Therefore in the illustration given, the TDS should be on Rs.3,00,000/- and not on Rs.54,000/-. All other calculations are correct.