Income Tax & GST

[Niraj Kumar]

Hi...
Recently we printed some books for community educational purposes. The invoice with GST costs 1 Lakh plus. Will TDS Apply to it if we have a GST invoice?

[Shilpi Jain]

If there is GST in the invoice then it looks like the supplier has treated it as a provision of service and not merely as sale of books

Pls have a look at the HSN mentioned in the invoice. In case it is a 99 series HSN then it is a service.

[Niraj Kumar]

Mam, The HSN Code is 4820. 

[KASTURI SETHI]

Go through CBDTCircular Nos. 1/2014 dated 13.1.2014,4/08 dated 28.4.2008 and 23/17 dated 19.07.2017.

AI Summary

TDS on payments billed with GST depends on whether the transaction is treated as a service or sale of goods. Whether TDS is required on payment for printed books billed with GST depends on whether the supplier has characterised the transaction as a service (indicated by a 99-series HSN or similar) rather than a sale of goods; verification of the invoice HSN, the nature of the supply, and relevant CBDT circulars is recommended.