Treatment of TDS deducted under GST for payment of Output Tax

By | September 20, 2018
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(Last Updated On: September 20, 2018)

Question 29: Whether the deductee can claim the input tax credit on the deduction of tax at source amount?

Answer: No. The tax deducted at source is not input tax credit. However, the amount deducted shall be credited to the electronic cash ledger (upon being accepted by the deductee in his Form GSTR-2A) of the deductee and can be utilized for payment of output tax.

 

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