Hi,
TDS deducted under Section 194-O,
GST Applicable right.
As per 26AS Statement,
Transaction Value need to pay GST right.
Please, can you explain this
Menu
TDS- 194O
Replies (6)
194-O is tds to be done by E commerce platform provider (eg - Amazon)
If you are supplying goods of 10,000+GST thru Amazon, Amazon will deduct Tax @ 1%* 10,000 = 100
TDS shall not be done on GST portion.
Ok thanks, but here the TDS has been deducted by the Construction Company
If it is an e commerce operator, it will deduct tds under 194 O.
I gave an example of Amazon.
Ok, on that value we need to pay GST @ 18℅ right
Yes..
assuming rate is 18%
Value of Services = 10,000
GST (10,000*18%)= 1,800
Ok thanks
Recent Threads
- Procedure for 'inter-unit job work' under GST Act
- Advances received and Advances adjusted - HSN Summ
- TAX ON SALE OF COMPANY'S SHARES
- Refund on Hold - Section 245
- CLARITY REGARDING ESIC WAGE CALCULATION AFTER NEW
- GST Rule 14A for Export of Service with Hypothetic
- GST ON QUERY
- Initimation on AIS
- GST on sponsorship from foreign body corporate
- Revised Income tax return karna padega kya
CAclubindia
