Please help GST tds
Ankush (Student) (1364 Points)
28 May 2020
CA Akshay Hiregange
(Partner - Audit & Assistance)
(4515 Points)
Replied 28 May 2020
No, GST TDS is applicable on taxable goods or services provided by a supplier to govt. agencies exceeding Rs. 2.5 lakh (refer Sec 51 of CGST Act).
Ankush
(Student)
(1364 Points)
Replied 28 May 2020
CA Akshay Hiregange
(Partner - Audit & Assistance)
(4515 Points)
Replied 28 May 2020
Please look at proviso to Section. TDS is applicable on transaction within Indian entities only.
"Provided that no deduction shall be made if the location of the supplier and the place of supply is in a State or Union territory which is different from the State or as the case may be, Union territory of registration of the recipient".
Pankaj Rawat
(GST Practitioner)
(55047 Points)
Replied 29 May 2020
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)