Is GST Tds on GST ITC ?
Find below input service ( Tax Invoice)
Base amount of contract : 200,000/-
GST on the above : (9%+9%): 36000/-
Total Invoice value : 236000/-
How much will be the GST Tds ?
Is it 360+360 ?
Eswar Reddy S (CFO- at NHTF) (58263 Points)
13 March 2022
prasad Nilugal
( GST Practitioner & Accounts )
(14623 Points)
Replied 13 March 2022
Eswar Reddy S
(CFO- at NHTF)
(58263 Points)
Replied 13 March 2022
CA Altamush Zafar
(GST Consultant)
(15966 Points)
Replied 13 March 2022
Each invoice will be treated a separate contract if they are not under a single contract.
Eswar Reddy S
(CFO- at NHTF)
(58263 Points)
Replied 13 March 2022
CA Altamush Zafar
(GST Consultant)
(15966 Points)
Replied 13 March 2022
Is there a contract or are you considering that all invoices in a fy will be assumed to be a single contract?
Eswar Reddy S
(CFO- at NHTF)
(58263 Points)
Replied 13 March 2022
Imthias ahamed Kormath
(910 Points)
Replied 13 March 2022
Eswar Reddy S
(CFO- at NHTF)
(58263 Points)
Replied 13 March 2022
Pankaj Rawat
(GST Practitioner)
(55047 Points)
Replied 14 March 2022
Eswar Reddy S
(CFO- at NHTF)
(58263 Points)
Replied 14 March 2022
Imthias ahamed Kormath
(910 Points)
Replied 14 March 2022
Eswar Reddy S
(CFO- at NHTF)
(58263 Points)
Replied 14 March 2022
Rajendra Prasad
(Employee Private)
(1850 Points)
Replied 14 March 2022
Pankaj Rawat
(GST Practitioner)
(55047 Points)
Replied 14 March 2022
Dear Eswar Reddy
Its already being clarified ...>2.5lac require tds to be deducted.
hence deduct the TDS
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)
CAclubindia
