sayad (Executive) (203 Points)
31 December 2022Hi I have one doubt and need urgent solution
when a contractor receive payment from semi government for his service his disbursement shows 2 percent TDS and 2 percent GST deducted if this is the case when I file gst 3 b should I show total 12 percent gst or only 10 percent as 2 percent is already deducted when I received payment
total due payment 1000
Add Gst 12 percent 120
less 2 percent TDS 20
less 2 percent gST 2.4
total payment received 1097.60
prasad Nilugal
( GST Practitioner & Accounts )
(14801 Points)
Replied 31 December 2022
sayad
(Executive)
(203 Points)
Replied 31 December 2022
Section 51 refers only about tds
My query is about the GST 2 percent deduction made so sud I file gstr 3 on 12 percent or 10 percent as 2 percent is already deducted by the payer
sayad
(Executive)
(203 Points)
Replied 31 December 2022
Thanks Prasad for ur reply yes the above number are just to simplify the calculation my amount received is 287000
Ok as u said I sud file for 12 per cent what about the 2 percent deducted where will it reflects in Gst
prasad Nilugal
( GST Practitioner & Accounts )
(14801 Points)
Replied 31 December 2022
prasad Nilugal
( GST Practitioner & Accounts )
(14801 Points)
Replied 31 December 2022
Regarding ITC , you have to confirm because , If GST-TDS reflect in part -C of GSTR2A you may not claim , I think it should reflect in GSTR 2B , just Confirm with help-desk of CBIC .
sayad
(Executive)
(203 Points)
Replied 01 January 2023
Sabchayi @ Hi m trying to upload image but gives me error message
I have checked gstr 7 and 7 a it only provide details on TDS which I am aware of
My query is about the GST 2 percent deducted by the local semi government from my bill where will it reflect in portal
prasad Nilugal
( GST Practitioner & Accounts )
(14801 Points)
Replied 01 January 2023
sayad
(Executive)
(203 Points)
Replied 01 January 2023
Ok Prasad let me check thanks once again for ur reply
prasad Nilugal
( GST Practitioner & Accounts )
(14801 Points)
Replied 01 January 2023
Check only after filing GSTR7 return, by the Govt Department.
CA Altamush Zafar
(GST Consultant)
(15971 Points)
Replied 01 January 2023
You will file returns with full rate as applicable.
The amount deducted will be shown in your portal in TDS TCS credit received. On accepting the TDS TCS credits the amount will be transferred to your cash ledger which can be used in payment of GST.
For further details you can contact me
sayad
(Executive)
(203 Points)
Replied 01 January 2023
Ok Prasad but since it was Nov bill I filed my Gst 3 b and Gst r 1 and also TDS deducted in showing in credit received in cash ledger but GSt 2 percent deducted is not reflecting as I understand government r file gstr 7 return on 10 of every month
prasad Nilugal
( GST Practitioner & Accounts )
(14801 Points)
Replied 01 January 2023
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