Govt Department has deducted 2% GST on our bills, Now question is we will deposit GST 18% (applicable Rate on us) or 16% beacuase 2% already has been deducted by the govt department.
5 Replies
Hemchand Kohli
(Accountant)
(889 Points)
Replied 22 January 2018
Ok THanks, it means 18% we have to pay on bill and 2% which was deducted we can claim.
Yogesh Makhijani
(40 Points)
Replied 22 January 2018
The tax they have deducted will be deducted on basic basis.
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