We are running franchise business, where we have to pay royalty on sales. now the owner of business sending us GST invoice (IGST) for ROYALTY. My Q is - do we need to deduct TDS or not. if yes - in which amount (base/invoice value) and what will the percentage.
thanks in advance
Amith
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TDS on Royalty
Replies (1)
Royalty should be deducted on base amount @ 10%
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