if I sale the goods more 2.5 lac to one party at one time in this case what will be procedure under TDS?
Faheem Akram (802 Points)
02 May 2018if I sale the goods more 2.5 lac to one party at one time in this case what will be procedure under TDS?
Yogesh Pandey
(144 Points)
Replied 02 May 2018
Yogesh Pandey
(144 Points)
Replied 02 May 2018
Rahul Prajapati
(Student)
(2282 Points)
Replied 02 May 2018
| Originally posted by : Faheem Akram | ||
 |
if I sale the goods more 2.5 lac to one party at one time in this case what will be procedure under TDS? |  |
Hey Faheem,
There is no TDS applicability on sale of Goods.
prasad Nilugal
( GST Practitioner & Accounts )
(14670 Points)
Replied 02 May 2018
I think TDS & TCS in GST is suspended till 30/6/2018 please confrim
Yogesh Pandey
(144 Points)
Replied 02 May 2018
Rahul Prajapati
(Student)
(2282 Points)
Replied 02 May 2018
| Originally posted by : Yogesh Pandey | ||
|
@ rahul_prajapati TDS @ 2% is required to be deducted on payment made to the supplier of taxable goods or services of both where the value of such supply under a contract exceeds Rs. 2.5 Lak | |
Can you Explain under which Section ?
Yogesh Pandey
(144 Points)
Replied 02 May 2018
Rahul Prajapati
(Student)
(2282 Points)
Replied 02 May 2018
| Originally posted by : Yogesh Pandey | ||
|
@ rahul_ prajapatiPlease read section 51 of gst and notification number 33/2017 of central tax. | |
Where did Faheem mention that he is asking about GST.
I have given answer as per income tax point of view.
Pankaj Rawat
(GST Practitioner)
(55047 Points)
Replied 02 May 2018
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