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
Menu
TDS on Royalty
Replies (1)
Royalty should be deducted on base amount @ 10%
Recent Threads
- Refund due to change in GST Rate Tobacco Products
- Lease related query can we rent out lease ?
- Planning of Ceased a Business i.e Closure of Compa
- Property value in 26QB
- Form 26QB Multiple Buyer/Multiple seller
- Company Formation for clothing business
- TDS on purchase 194Q
- Compensation for urban land acquisition
- Understanding section 269st
- CASH AS GIFT OR FD AS GIFT
Related Threads
CAclubindia
