Dear Sir
We have executed works contract in 2018-19 for a Govt Body, They deducted GST TDS in 2021-22, which we came to know Now ( i.e Nov-24) when EIU mismatch Notice came to us for mismatch of Turnover in TDS return filed by Deductor and Nil GSTR-1 Return filed by us in Nov-21, Till we not accepted the TDS credit. Based on these GST Dept is Demanding Tax and Interest for which we have already Paid Tax in 2018-19 and furnished details in GSTR 1. Just Because Deducter has Made payment and deducted tax and filed return after 3 Years, now what should be done
Company Faces GST Demand Due to TDS Mismatch; Advised to Accept Credit and Provide Proof of 2018-19 Tax Payment A company executed a works contract for a government body in 2018-19, and GST TDS was deducted by the government body in 2021-22. The company discovered this deduction in November 2024 upon receiving a mismatch notice for turnover discrepancies between the TDS return filed by the deductor and their Nil GSTR-1 return filed in November 2021. The GST department is demanding tax and interest, although the company claims to have already paid the tax in 2018-19. The advice given is to accept the TDS credit and respond to the mismatch notice with proof of prior tax payment. (AI Summary)
TaxTMI 
TaxTMI 
TaxTMI 
