Govt Department - tenant
Owner - URD
what the rent limit for GST TDS deduction annual ? single payment ?
TDS rate on rent ?
Per contract 2.5lacs.
Generally GST Tds is applicable for works contract payments
6 Replies
Hari Shanker Dubey
(7 Points)
Replied 11 September 2022
Minimum payment should be INR 2.5 lacs and Rate of tax is 2%, currently as , IGST in the case of interstate deductee and diducter,in other,case,1% CGST and 1% SGST.This deducted TDS,can be adjusted to the tax liability,as per availability in GSTR-2A,part-C.
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 11 September 2022
It's not applicable to rent since it's not a works contract
MPR Sanjay Kumar
(3118 Points)
Replied 11 September 2022
@ Dear Eswar Reddy sir , what is mean by ex interest and cum interest........plse tell me sir
CA Altamush Zafar
(GST Consultant)
(15971 Points)
Replied 11 September 2022
If the total rent of the contract period exceeds Rs 2.5 lakhs then GST TDS will be deducted but since you are URD then there is no GST applicable therefore TDS will also not be deducted
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 12 September 2022
As per Section 51 , where the contract value is less then 2.5 lac , no TDS is to be deducted & As per Notification 9/2017 CT, supply from Unregistered supplier to govt is exempted & in term of section 51 tds is applicable only on TAXABLE supply of goods or services or both. Thus no TDS attracts.
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