TDS Calculation on GST(Indirect) Taxes...?

[srikanth reddy]

Hi Team,

Thanks for the given opportunity to write our doubts here..

Could you please confirm us whether the TDS tax should be deducted on GST indirect taxes (CGST/SGST/IGST) or not...?

Regards,

Srikanthreddy

AI Summary

Clarification Issued: TDS Not Applicable on GST for Services, Goods Still Under Review A participant in a discussion forum inquired whether Tax Deducted at Source (TDS) should be applied to the Goods and Services Tax (GST), including CGST, SGST, and IGST. The responses varied, with some indicating that TDS and TCS under the GST regime were postponed and under consideration. Another participant highlighted the need to differentiate whether TDS should be deducted on the net or gross amount, including GST. A recent circular clarified that TDS is not applicable to GST on services, but did not address goods. The consensus was that TDS for income tax does not apply to GST.