How to file TDS and TCS Credit Received on GST Portal
[ Refer Video Description for Free Videos on TDS under GST and TCS under GST ]
FAQs on TDS and TCS Credit Received
1. What is “TDS and TCS Credit Received” tile in Returns Dashboard?
“TDS and TCS Credit Received” tile has been provided to all the taxpayer suppliers (normal as well as composition taxpayers), from whom some amount of tax has been deducted or collected at source, by the persons registered as TDS Deductors/ TCS Collector respectively. This TDS and TCS Received tile will be used to take action on auto populated details of Tax Deducted or Collected at Source, as indicated in the Form GSTR-7/ 8 of said Tax Deductor/Collector filed for the said tax period.
2. TDS and TCS Credit Received comprises of which tables?
TDS/ TCS Credit Received details and amendments to TDS/ TCS Credit Received details given in Form GSTR-7 by a person who is liable to deduct TDS are auto populated to the corresponding table of Form GSTR- 2A & 2 if deductee is normal taxpayer or Form GSTR-4 in case deductee is a composition taxpayer.
TDS and TCS Credit Received comprises of following tables:
- TDS Credit Received: To accept/ reject TDS Credit Received details
- Amendments of TDS Credit Received: To accept/ reject amendments to TDS Credit Received details
- TCS Credit Received: To accept/ reject TCS Credit Received details
- Amendments of TCS Credit Received: To accept/ reject amendments to TCS Credit Received details
3. Who needs to file TDS and TCS Credit Received?
TDS and TCS Credit Received is to be filed by normal taxpayers (taxpayers required to file Form GSTR-3B) and composition taxpayers (taxpayers required to file Form GSTR-4) from whose payment, TDS is deducted or TCS has been collected.
4. Is it mandatory to file TDS and TCS Credit Received for every tax period?
Filing of TDS and TCS Credit Received for every tax period is not mandatory.
5. By when do I need to file TDS and TCS Credit Received and is there any late fee for late filing?
There is no due date or late fee for filing of TDS and TCS Credit Received.
6. Can I file TDS and TCS Credit Received multiple times during a month?
You can file TDS and TCS Credit Received once only in a month. The table is tax period specific.
7. From where can I as a taxpayer file TDS and TCS Credit Received?
TDS and TCS Credit Received can be accessed on the GST Portal, post login in the Returns Dashboard by the taxpayer.
The path is Services > Returns > Returns Dashboard.
8. Is there any Offline Tool for filing TDS and TCS Credit Received?
No. TDS and TCS Credit Received can be filed through online mode ONLY.
9. What will happen if I reject the TDS/ TCS Credit Received amount?
Rejected details will flow to Form GSTR-7/8 of the respective TDS Deductor/TCS collector, as the case may be, after filing the “TDS/ TCS Credit Received” return by the Deductee/person from whom tax is collected at source .
10. What will happen if I accept the TDS/ TCS Credit Received amount?
Accepted TDS/ TCS credit amount will be credited to your Electronic Cash Ledger only after filing the details with DSC/ EVC.
11. What will happen if deductee files the TDS details without taking action in the “TDS/ TCS Credit Received” table?
If the Deductee chooses to file the TDS details, without taking action on all the auto-populated details or before all his deductors file their respective Form GSTR-7, then the pending items will be rolled over to next tax period for his action. Credit will flow to the Electronic Cash Ledger on the date on which the deductee acts and files the same with DSC/ EVC.
12. Can I preview TDS and TCS Credit Received before filing?
Yes, you can view/download the preview of TDS and TCS Credit Received by clicking on ‘PREVIEW DRAFT TDS AND TCS CREDIT RECEIVED” before filing on the GST Portal.
13. When Summary tile will be updated?
Tile summary will be updated after taking action on auto populated record.
14. When Rejected TDS or TCS record will flow to Deductor/E-com operator(Collector)?
After successful filing of TDS and TCS credit Received Form by the Deductee/ person from whom the tax is collected at source, rejected records will flow to counter party’s Form GSTR-7 or Form GSTR-8, for the subsequent tax period and will be available in Table 4 of his return for taking suitable action. .
15. What options are available in Action field?
The following two options are available in Action field.
- Accept
- Reject
16. Can I file TDS and TCS Credit Received form without taking action on all auto populated records?
No. You can’t file the TDS and TCS Credit received form without taking action on all auto populated records in all tables.
17. TDS or TCS record has been amended by Deductor or E-com operator (Collector) in Form GSTR-7/8. Where can I see such amended record in TDS and TCS Credit received form?
All amended records will be available in amendment tables of TDS and TCS Credit received form.
18. Do I need to file TDS and TCS credit Received form before filing of Form GSTR-1/3B?
You may file the TDS and TCS credit Received Form before filing of Form GSTR-1/3B.
19. Can I revert (undo) the Action (Accept to Reject or Reject or Accept)?
Yes. You can change the action till your actually file the form. You cannot change the action after filing of TDS and TCS Credit Received Form.
20. Can I (from whom the tax is collected or deducted at source), edit the TDS or TCS records, auto populated in my TDS and TCS Credit Received form??
No. You can’t edit the auto populated records. If auto populated records are not correct, then you can only reject the record.
21. Can I add any new record in any table in TDS and TCS Credit Received form?
No. You can’t add new record in any table in TDS and TCS Credit Received form.
22. When ‘File TDS TCS credit received’ button will be enabled?
Taxpayer needs to click on ‘Proceed to file’ button first. On click of this button, GST Portal will do necessary validations and “File TDS TCS credit received’ button will be enabled after such validations.
23. What are the modes of signing TDS and TCS Credit Received?
You can file TDS and TCS Credit Received using DSC or EVC.
(a) Digital Signature Certificate (DSC)
Digital Signature Certificates (DSC) are the digital equivalent (that is electronic format) of physical or paper certificates. A digital certificate can be presented electronically to prove one’s identity, to access information or services on the Internet or to sign certain documents digitally. In India, DSC are issued by authorized Certifying Authorities.
The GST Portal accepts only PAN based Class II and III DSC.
To obtain a DSC, please contact any one of the authorised DSC-issuing Certifying Authorities: http://www.cca.gov.in/cca/?q=licensed_ca.html
(b) Electronic Verification Code (EVC)
The Electronic Verification Code (EVC) authenticates the identity of the user at the GST Portal by generating an OTP. The OTP is sent to the mobile phone number of the registered mobile phone of Authorized Signatory filled in part A of the Registration Application.
24. What happens after TDS and TCS Credit Received form is filed?
After TDS and TCS Credit received Form is filed:
- ARN is generated on successful filing of the Form.
- An SMS and an email are sent to the applicant on his registered mobile and email id. The return will be available in the Dashboard of tax officer.
- Return will be passed on to
(i) The IT system of the CBIC (Central Tax Authority) and
(ii) IT system of concerned State Tax Official
Manual > TDS and TCS Credit Received
How can I file details in “TDS and TCS Credit Received” table?
To file details in “TDS and TCS Credit Received” table, perform following steps:
- Login and Navigate to “TDS and TCS Credit Received”page
- Enter details in various tiles
- Preview details in “TDS and TCS Credit Received” table
- FileTDS and TCS Credit Received details with DSC/ EVC
A. Login and Navigate to “TDS and TCS Credit Received” page
1. Access the www.gst.gov.in URL. The GST Home page is displayed.
2. Login to the GST Portal with valid credentials.
3. Click the Services > Returns > Returns Dashboard command.
Alternatively, you can also click the Returns Dashboard link on the Dashboard.
4. The File Returns page is displayed. Select the Financial Year & Return Filing Period (Month) for which you want to file the TDS and TCS Credit Received from the drop-down list.
5. Click the SEARCH button.
6. The File Returns page is displayed. In the TDS and TCS credit received tile, click the PREPARE ONLINE button if you want to prepare the return by making entries on the GST Portal.
7. The AUTO DRAFTED TDS/TCS DETAILS page is displayed.
B. Enter details in various tiles
Click on the tile names to know more and enter related details:
8(1). TDS Credit Received: To accept/ reject TDS Credit Received details
8(2). Amendments to TDS Credit Received: To accept/ reject amendments to TDS Credit Received details
8(3). TCS Credit Received: To accept/ reject TCS Credit Received details
8(4). Amendments to TCS Credit Received: To accept/ reject amendments to TCS Credit Received details
8(1). TDS Credit Received
8.1. Click the TDS Credit Received tile, to accept/ reject TDS Credit Received details.
8.2. The TDS Credit Received – Summary page is displayed.
8.3. Select the checkbox for GSTIN of Deductor and click the ACCEPT / REJECT button to accept or reject the record.
Note:
- Rejected details will flow to Form GSTR-7/8 of the respective TDS Deductor/TCS collector, as the case may be, after filing the “TDS/ TCS Credit Received” return by the Deductee/person from whom tax is collected at source .
- Accepted TDS/ TCS credit amount will be credited to your Electronic Cash Ledger only after filing the details with DSC/ EVC.
8.4.1 In case of accepting the record, the status is changed to ACCEPTED.
8.5 Click the BACK button.
8.6. You will be directed to the Dashboard page and the TDS Credit Received tile will reflect the Total Accepted Count, Total Accepted Taxable Value and Total Accepted Tax Amount.
8.4.2 In case of rejecting the record, the status is changed to REJECTED.
8.5 Click the BACK button.
8.6. You will be directed to the Dashboard page and the TDS Credit Received tile will reflect the Total Rejected Count, Total Rejected Taxable Value and Total Rejected Tax Amount.
8(2). Amendments to TDS Credit Received
8.2. The TDSA Credit Received – Summary page is displayed.
8.3. Select the checkbox for GSTIN of Deductor and click the ACCEPT / REJECT button to accept or reject the record.
8.4.1 In case of accepting the record, the status is changed to ACCEPTED.
8.5 Click the BACK button.
8.6. You will be directed to the Dashboard page and the TCS Credit Received tile will reflect the Total Accepted Count, Total Accepted Taxable Value and Total Accepted Tax Amount.
8.4.2 In case of rejecting the record, the status is changed to REJECTED.
8.5 Click the BACK button.
8.6. You will be directed to the Dashboard page and the Amendments to TDS Credit Received tile will reflect the Total Rejected Count, Total Rejected Taxable Value and Total Rejected Tax Amount.
8(3). TCS Credit Received
8.1. Click the TCS Credit Received tile, to accept/ reject TCS Credit Received details.
8.2. The TCS Credit Received – Summary page is displayed.
8.3. Select the checkbox for GSTIN of Collector and click the ACCEPT / REJECT button to accept or reject the record.
8.4.1 In case of accepting the record, the status is changed to ACCEPTED.
8.5 Click the BACK button.
8.6. You will be directed to the Dashboard page and the TCS Credit Received tile will reflect the Total Accepted Count, Total Accepted Taxable Value and Total Accepted Tax Amount.
8.4.2 In case of rejecting the record, the status is changed to REJECTED.
8.5 Click the BACK button.
8.6. You will be directed to the Dashboard page and the TDS Credit Received tile will reflect the Total Rejected Count, Total Rejected Taxable Value and Total Rejected Tax Amount.
8(4). Amendments to TCS Credit Received
8.1. Click the Amendments to TCS Credit Received tile, to accept/ reject amendments to TCS Credit Received details.
8.2. The TCSA Credit Received – Summary page is displayed.
8.3. Select the checkbox for GSTIN of Collector and click the ACCEPT / REJECT button to accept or reject the record.
8.4.1 In case of accepting the record, the status is changed to ACCEPTED.
8.5 Click the BACK button.
8.6. You will be directed to the Dashboard page and the TCS Credit Received tile will reflect the Total Accepted Count, Total Accepted Taxable Value and Total Accepted Tax Amount.
8.4.2 In case of rejecting the record, the status is changed to REJECTED.
8.5 Click the BACK button.
8.6. You will be directed to the Dashboard page and the Amendments to TCS Credit Received tile will reflect the Total Rejected Count, Total Rejected Taxable Value and Total Rejected Tax Amount.
C. Preview details in “TDS and TCS Credit Received” table
- Once you have entered all the details, click thePREVIEW DRAFT TDS AND TCS CREDIT RECEIVEDbutton. This button will download the draft summary page for your review. It is recommended that you download this Summary page and review the summary of entries made in different sections carefully. The PDF file generated would bear watermark of draft as the details are yet to be submitted.
10. The downloaded PDF is displayed.
D. File TDS and TCS Credit Received details with DSC/ EVC
11. Click the PROCEED TO FILE button.
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12. A message is displayed on top page of the screen that ‘Proceed to file’ request has been received. Please check the status after sometime. Click the Refresh button.
13. Select the Declaration checkbox.
14. Select the Authorized Signatory from the drop-down list.
15. Click the FILE TDS TCS CREDIT RECEIVED button.
16. Click the YES button.
17. The Submit Application page is displayed. Click the SUBMIT WITH DSC or SUBMIT WITH EVC button.
17.1. SUBMIT WITH DSC:
a. Select the certificate and click the SIGN button.
17.2. SUBMIT WITH EVC:
- Enter the OTP sent on email and mobile number of the Authorized Signatory registered at the GST Portal and click theVALIDATE OTPbutton.
18. The success message is displayed and ARN is displayed. Status of the TDS and TCS Credit Received return changes to “Filed”.
