https://www.taxtmi.com/forum/issue?id=119170 Determination of taxable value under GST focuses on whether income-tax TDS is part of the consideration. Only GST components-CGST, SGST/UTGST, IGST and Compensation Cess-are excluded when ascertaining taxable value. For domestic supplies TDS is treated as part of consideration and GST applies on the gross value including TDS. For overseas supplies and where reverse charge applies, TDS under the Income-tax Act is generally not added to value for GST. Administrative guidance confirms TDS should not be deducted on GST if GST is shown separately on the invoice. en-us Fri, 21 Jun 2024 19:54:23 +0530 Fri, 24 Jan 2025 10:40:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=119170 Determination of taxable value under GST focuses on whether income-tax TDS is part of the consideration. Only GST components-CGST, SGST/UTGST, IGST and Compensation Cess-are excluded when ascertaining taxable value. For domestic supplies TDS is treated as part of consideration and GST applies on the gross value including TDS. For overseas supplies and where reverse charge applies, TDS under the Income-tax Act is generally not added to value for GST. Administrative guidance confirms TDS should not be deducted on GST if GST is shown separately on the invoice. Discussion-Forum GST Fri, 21 Jun 2024 19:54:23 +0530 https://www.taxtmi.com/forum/issue?id=119170