TDS ON GST ON PAYMENT TO GOVT ORGANISATION
Meera Tankariya (9 Points)
04 August 2023
Whether TDS on GST to be deducted on Lease Rent paid to Govt organisation for eg. BSNL
5 Replies
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 04 August 2023
TDS and GST are both seperate taxes. TDS should not be deducted on GST then it will be tax over tax. TDS should be deducted on gross value.194I may be applicable
Meera Tankariya
(9 Points)
Replied 04 August 2023
NO. I AM TALKING ABOUT TDS ON GST UNDER GST ONLY WHICH IS TO BE DEDUCTED @ 2% ABOVE 250000
sabyasachi mukherjee
(27574 Points)
Replied 04 August 2023
Lease rental on machinery or what. As per law tax on another tax is never charged.
Rajendra Prasad
(Employee Private)
(1867 Points)
Replied 04 August 2023
Deduction of TDS under GST Act has to be made by Central, State Governments, Local Governments and Government entities and Government authorities from their inward supply of Goods or Services or Both under a Contract, exceeds two lakh and fifty thousand rupees.
Recent Topics
- Clarity regarding Sec 16(4)
- GST ON HOTEL ROOMS details
- Relief for Delayed Filing of Tax Forms
- Expire stock
- INCOME TAX AY 25-26
- Experienced CA firm for accounting & auditing
- Regarding Perquisite Tax on ESOP - Unlisted Compan
- Casual Taxable Person under GST
- Extended Date of GSTR-1 for the month of July 2020
- NRO Interest - Taxed at source and in Foreign Coun
Related Threads
CAclubindia
