if we are making payment of commission to the entitiy which is based in other State and charging IGST on its invoice, we are deducting TDS U/s 194H on the same.
TDS will be applicable on which value
1. before GST Value or
2. including GST Value.
FCML DISTRIBUTORS (SR. MANAGER ACCOUNTS) (25 Points)
13 July 2017if we are making payment of commission to the entitiy which is based in other State and charging IGST on its invoice, we are deducting TDS U/s 194H on the same.
TDS will be applicable on which value
1. before GST Value or
2. including GST Value.
FCML DISTRIBUTORS
(SR. MANAGER ACCOUNTS)
(25 Points)
Replied 13 July 2017
is there any notification regarding the same.....
Muthukkumaran
(Consultant)
(204 Points)
Replied 13 July 2017
In case of service tax there was a notification from CBDT that tds to be deducted on amount exclusive of service tax to avoid cascading effect.The same would hold good now also.
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India