GST TDS and Income Tax TDS are Separate provisions

Question  : As a DDO I am deducting TDS while making payment of other bills under Income Tax Act. Then why should I need to deduct TDS again under GST?

Answer: TDS under Income Tax is different from TDS under GST.

There was a provision of TDS under VAT Act also.

TDS under the GST Law is different from the above. Deductions of tax under the GST Laws is required to be made wherever applicable while making payments to the suppliers/ vendors of goods or services or both under GST for taxable supply of goods or services or both.

Comment : Thus TDS is required to be deducted under Income Tax as per Income Tax provisions and under GST Act as per Section 51 of CGST Act 2017

Refer

Section 51 of CGST Act 2017 : TDS under GST

Section 194C of Income Tax Act : TDS under Income Tax : Payments to contractors.

 

 

The post GST TDS and Income Tax TDS are Separate provisions appeared first on Tax Heal.

from Tax Heal https://ift.tt/2xS0m3A