TDS under GST in RCM

Hi

TDS under GST is applicable only to a specified class of persons like government, local authorities etc. It is not applicable to all taxpayers. Let us know your nature of services and type of entity.

However, TDS under income tax is separate.

Dear Sir,

TDS under GST is not applicable when the payment is made under Reverse Charge Mechanism (RCM) by the recipient of service. 

Applicability of GST-TDS on following persons:

• A department or an establishment of the Central Government or State Government; or
• Local authority; or
• Governmental agencies; or
• Such persons or category of persons as may be notified by the Government.

Notified persons:

• An authority or a board or any other body which has been set up by Parliament or a State Legislature or by a government, with 51% equity ( control) owned by the government.
• A society established by the Central or any State Government or a Local Authority and the society is registered under the Societies Registration Act, 1860.
• Public sector undertakings.

Transaction of which TDS on GST is to be Deducted:

TDS is to be deducted at the rate of 2 percent on payments made to the supplier of taxable goods and/or services, where the total value of such supply, under an individual contract, exceeds two lakh fifty thousand rupees. 

Thanks and Regards 

Divya Chugh

In that case, TDS under GST shall not be applicable.

Dear Sir,

Hope you are doing well !!

No, it is no applicable for the same.

- TDS is not applicable when value of contract does not exceeds Rs.2.50 lacs and recipient is in different state than supplier and place of supply.

- Might be RBI is liable to deduct TDS. There is no relation between TDS and RCM. The main check point is constitution of RBI.

Hello,

TDS under GST is not applicable to all taxpayers, but only to Government entities or entities notified by the Government.

Regards,

CA Hunny Badlani

It won't be applicable in this case.

TDS in GST is only applicable on government contracts where value is above Rs. 2.5 lakh.

So in your case it wont be applicable.

Hope you find the information helpful if you do please rate it 5 and provide your valuable feedback for my improvement.

Thank you.

Dear sir

TDS on GST is not applicable to u since it is applicable to government contacts.