Veera Veera (253 Points)
28 May 2021
CA Aniruddh Barve
(Proprietor)
(57 Points)
Replied 31 May 2021
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.
Veera Veera
(253 Points)
Replied 31 May 2021
CA Aniruddh Barve
(Proprietor)
(57 Points)
Replied 31 May 2021
If it is an e commerce operator, it will deduct tds under 194 O.
I gave an example of Amazon.
CA Aniruddh Barve
(Proprietor)
(57 Points)
Replied 01 June 2021
Yes..
assuming rate is 18%
Value of Services = 10,000
GST (10,000*18%)= 1,800
CAclubindia
