TDS CREDIT FOR DEDUCTEE

[Gaurav Goyal]

I am a Registered Supplier in GST and having some supplies to Government. Invoices are being raised on periodic basis, however payment is made by Government on account basis not on Bill to Bill basis. Therefore When i go through my TDS credits, which are linked with payment made by Government, I am unable to distinguish the actual credits and reconcile the same. Now, Problem before me are following:-

1. Once I file my TDS credits, can i change it on subsequent period,

2. I have filed TDS credits for the month of October, 2018. In December, 2018 i came to know one more entry pertaining to October 2018, how can i get the credit of the same now.

3. In month of January 2019, I have made 10 supplies to various government institutions. TDS in respect of 9 out of 10 supplies are being received. Can i go ahead with taking credit of these 9 supplies and for balance one supply how can i get credit of the same.

[KASTURI SETHI]

You will get full credit. You are to make efforts. Send email of missing credits to the concerned department. Write to the Highest Officer of the department. A polite letter/email will click. If credit is delayed, send reminders in polite language. I am sure you will not suffer loss. You will be successful.

AI Summary

TDS credit under GST requires reconciliation and active pursuit of missing deductor entries to secure correct input credit. TDS credit under GST requires reconciliation of electronic TDS ledger entries with supplier invoices and payments; missing or delayed entries discovered after a period must be addressed by requesting the deductor or department to correct their filings so the deductee can obtain the appropriate credit. Where partial TDS is reflected, credit may be taken for amounts appearing in the ledger while pursuing correction for the balance through written communications and escalation.