When & Why GST Tds is applicable?
Already deducting Income Tax TDS under 194C.Why GST Tds ?
What is rate of GST Tds incase of interstate transactions ?
Some times 194C doesn't apply but GST Tds applicable .Why ?
20 Replies
prasad Nilugal
( GST Practitioner & Accounts )
(14805 Points)
Replied 05 March 2022
Do not get confused with Income tax TDS and GST TDS , GST TDS is different from Income tax TDS , GST TDS applicable to GOVT Department and person's notified by the GOVT on the recommendation by the GST council , refer section 51 of the CGST ACT 2017.
Eswar Reddy S
(CFO- at NHTF)
(58275 Points)
Replied 05 March 2022
Iam working in govt only ..
Some times 194C doesn't apply but GST Tds applicable .Why ?
Some times 194C doesn't apply but GST Tds applicable .Why ?
CA Surya Sekar
(CFO )
(1347 Points)
Replied 05 March 2022
GST Tds applicable on goods also but 194C need not applicable on supply of goods
Eswar Reddy S
(CFO- at NHTF)
(58275 Points)
Replied 05 March 2022
What is rate of GST Tds incase of interstate transactions ?
CA Surya Sekar
(CFO )
(1347 Points)
Replied 05 March 2022
IGST : 2% .But there is exemption notification incase of interstate.
Eswar Reddy S
(CFO- at NHTF)
(58275 Points)
Replied 05 March 2022
Already deducting Income Tax TDS under 194C.Why GST Tds ?
CA Surya Sekar
(CFO )
(1347 Points)
Replied 05 March 2022
Indirect Laws made GST Tds applicable for govt organisations
Eswar Reddy S
(CFO- at NHTF)
(58275 Points)
Replied 05 March 2022
When it is applicable ?
Payer / Payee govt ?
Payer / Payee govt ?
CA Surya Sekar
(CFO )
(1347 Points)
Replied 05 March 2022
Deduction will be done by payer / deductor.
So GST tds is applicable to payer
So GST tds is applicable to payer
Eswar Reddy S
(CFO- at NHTF)
(58275 Points)
Replied 05 March 2022
Do you mean payer is govt organization?
Eswar Reddy S
(CFO- at NHTF)
(58275 Points)
Replied 05 March 2022
Is Local Authority or Corporation is Government?
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