On What Payment TDS to be Deducted Under GST

Under GST, TDS (Tax Deducted at Source) is required to be deducted on payments made to the supplier for goods or services.

TDS is applicable on the following types of payments:

1. Payment made for goods or services supplied.
2. Payment made for rent of property exceeding Rs. 50,000 per month.
3. Payment made for any specified services like works contract, insurance, advertising, etc. exceeding Rs. 2.5 lakhs per year.
4. Payment made to a director of a company, including a managing director or a whole-time director or any other director, on remuneration or salary.
5. Payment made to a non-resident, including a foreign company, for goods or services supplied in India.
6. Payment made to a supplier, whose registration has been cancelled or suspended.

It is important to note that TDS is not applicable on exempt supplies or on supplies on which GST is not applicable. Additionally, TDS is not applicable on intra-state supplies made by an unregistered supplier.