Exemption mein contract value upto 2.5 lacs for a single transaction count hogi ya total transactions with a same GSTIN in a FY. Kuch experts ka manna hai ke kisi particular registered dealer se single FY mein ki gayi total purchase single contract hongi.
Nice question.. Law says “a contract” means aapko 2.5 lakh party wise total check karna hoga naki invoice wise 2nd query Financial year mentioned nahi hai law m means jaise hi 2.5 cross hota hai TOTAL aapko TDS collect karna hai. Please note GST TDS naya concept nahi hai kai PSU m yahi approach follow hoti hai. Hope your doubts are clear now.
Bhai query ek bar padh to lo...lakh ki jagah crore likhte ho...TDS deduct ki jagah Collect likhte ho...tum bhi govt ki tarah likhte ho...tax professional confused rehne chahia...aur unhe penalty, late fees aur interest milta rehna chahia 😡
Practically very difficult to maintain accounts & GST compliance inspite having software ..Even the tax officer get confused with so much regulations, they simply send notices for there targets and onus lie on business houses to clarify for the same
Apne sara acha Explain kia and sabhi log ye to bta rhe hai recipient k bare me but supplier k jo 2% deduct hua ha wo return and Pura 18% jama karne k bad milega ya jab 3b bharega to apne ap 2% adjust ho jayega ye koin ni bta rha video me.
Sir ji एक विडिओ ये भी बनाये कि इसको हम books या excel sheet मे केसे manten करे TDS जब हमें payment करनी है तब लगाना है या हर एक बिल में लगाना चाहिए या जो amount 250000/- से अपर है उस पर
sir, let's suppose i have purchase 5 metal items but in this one items is metal scrap, total Invioce taxable value is 15,00,000.00 without GST,but one item is metal scrap which taxable value is 5,00,0000.00 than GST TDS applicable only scrap item or all total taxable value i.e. 15,00,000.00
sir tds 2% jo deduct karna hai wo single invoice value hai ya multiple invoice ko add krke bhi deduct karna ? for example 1 party se mujhe every month contract mila total 6.3 lac and multiple supply hui in a month jaise ki ( 1.5 lac pe 18% then 2 lac pe 18% then 2.8 lac %18) then mujhe konsi supply pe tds deduct karna last 2.8 lac ki taxable value pe ya total 1.5+2+2.8 =6.3 pe tds collect krna h ?
Hello sir.. IS IT EASY PROCESS TO GET REFUND FROM CASH LEDGER..AS SUPPOSE A PERSON HAS A TAXABLE TURNOVER OF 2 cr in a month his tds will be fitted to 4 lakh he will be shown while gstr3b…ussko gst aprox 1 lk Bharna aata hai …toh 3 lakhs balance agar monthly hassel free refund nahi milega toh refund 6 mahine Mai investment he khatam kar degaa…impose to do business then…pls share your views…
This section only on scrap dealer or all our company is manufacturing company and there are some wastage we sell under scrap as well whether GSTR7 applicable or not
This is for everyone who deal in metal scrap as it is goods based provision. But normal companies don’t purchase metal scrap so no need of TDS registration and gstr 7 and on sale you can normally charge gst as earlier. Hence it applies on all taxpayers but major impact of changes will be on scrap dealers only.
Hello sir.. IS IT EASY PROCESS TO GET REFUND FROM CASH LEDGER..AS SUPPOSE A PERSON HAS A TAXABLE TURNOVER OF 2 cr in a month his tds will be fitted to 4 lakh he will be shown while gstr3b…ussko gst aprox 1 lk Bharna aata hai …toh 3 lakhs balance agar monthly hassel free refund nahi milega toh refund 6 mahine Mai investment he khatam kar degaa…impose to do business then…pls share your views…
The most clear discussion regarding Metal Scraps subject over TH-cam. Thanks Vivek Ji.
Jewellers wala Querry mera hi tha sir, aapne bade hi ache se samjaya, Thanks a lot Sir.
Thank you to your editor & chart maker. ❤💯
बहुत बढ़िया समझ आया, तो very good video
Kya bat Hai sir ji apka jawab nhi Hai 😊
Sir also make video on how to file Gst tds return for metal scrap dealers (GSTR-7)
Superb bhai bahot badiya tarike se samjhaya. 😊
helpful for professional
Exemption mein contract value upto 2.5 lacs for a single transaction count hogi ya total transactions with a same GSTIN in a FY. Kuch experts ka manna hai ke kisi particular registered dealer se single FY mein ki gayi total purchase single contract hongi.
@@Adv_Aijaz yes mujhe bhi yahi Janna hai
Nice question..
Law says “a contract” means aapko 2.5 lakh party wise total check karna hoga naki invoice wise
2nd query Financial year mentioned nahi hai law m means jaise hi 2.5 cross hota hai TOTAL aapko TDS collect karna hai.
Please note GST TDS naya concept nahi hai kai PSU m yahi approach follow hoti hai.
Hope your doubts are clear now.
Bhai query ek bar padh to lo...lakh ki jagah crore likhte ho...TDS deduct ki jagah Collect likhte ho...tum bhi govt ki tarah likhte ho...tax professional confused rehne chahia...aur unhe penalty, late fees aur interest milta rehna chahia 😡
Eshika vedio banavo 2.5 Lac kese ginati hogi?
Please clear it again as per GST act place of supply will place of registered dealer irrespective of supply made to other place
Vivek g u give us valuable knowledge about gst updation
Practically very difficult to maintain accounts & GST compliance inspite having software ..Even the tax officer get confused with so much regulations, they simply send notices for there targets and onus lie on business houses to clarify for the same
Thanks sir ji
Thanks
Fine, sir
under section 194Q it is gross value.
TCS beyond 50 lakh, it is gross value
Even bhangar wala not safe.
Great
Apne sara acha Explain kia and sabhi log ye to bta rhe hai recipient k bare me but supplier k jo 2% deduct hua ha wo return and Pura 18% jama karne k bad milega ya jab 3b bharega to apne ap 2% adjust ho jayega ye koin ni bta rha video me.
Sir ji एक विडिओ ये भी बनाये कि इसको हम books या excel sheet मे केसे manten करे
TDS जब हमें payment करनी है तब लगाना है या हर एक बिल में लगाना चाहिए या जो amount 250000/- से अपर है उस पर
Sir please also make a video on how to file such tds on metal scrap please sir
Will tds be applicable in case of distinct person supplies as well?
Hello sir is this GST TDS applicable for metal pipe, metal plate, metal rod (which means metal raw material) ?
sir,
let's suppose i have purchase 5 metal items but in this one items is metal scrap, total Invioce taxable value is 15,00,000.00 without GST,but one item is metal scrap which taxable value is 5,00,0000.00 than GST TDS applicable only scrap item or all total taxable value i.e. 15,00,000.00
We purchase metal purchase and use for business as raw material,in that case we are liable to pay TDS on GST ?
sir tds 2% jo deduct karna hai wo single invoice value hai ya multiple invoice ko add krke bhi deduct karna ? for example 1 party se mujhe every month contract mila total 6.3 lac and multiple supply hui in a month jaise ki ( 1.5 lac pe 18% then 2 lac pe 18% then 2.8 lac %18) then mujhe konsi supply pe tds deduct karna last 2.8 lac ki taxable value pe ya total 1.5+2+2.8 =6.3 pe tds collect krna h ?
dear sir,
pls make video on gst tds reg. in gst and also tell which gst no. i apply taxcollecter or taxdedtor in gst
Gst tds metal scrap b2b mai koi ek party se kitna purchase kar sakte taki tds registration nahi lena pade.
Aluminium scrap par bhi TDS kata jayega kiya
Sir ham TDS ka resitration kaisai karain ek video dal dijiye na
Sir gst tds registration ke liye apply kaise karna hai and return file kaise karna hai ?
Sir i am purchasing from a registered dealer from Delhi , Scrap receivable in Karnataka where I am registered, in this case TDS applicable ?
Eshika vedio banavo 2.5 Lac kese ginati hogi?
Hello sir..
IS IT EASY PROCESS TO GET REFUND FROM CASH LEDGER..AS SUPPOSE A PERSON HAS A TAXABLE TURNOVER OF 2 cr in a month his tds will be fitted to 4 lakh he will be shown while gstr3b…ussko gst aprox 1 lk Bharna aata hai …toh 3 lakhs balance agar monthly hassel free refund nahi milega toh refund 6 mahine Mai investment he khatam kar degaa…impose to do business then…pls share your views…
Sir sept 24 ke pur par bhi TDs cut Karna hai payment Oct me Kare tih
When i was Registering my self on tds there is a clitch "i am Public ltd company and constitution of Bussiness not matched"
Can u clarify
I am purchase before 10th October but received on 10th October or after more than 2.5lakh, GST TDS applicability
Just check the TOS & apply the provision accordingly
This section only on scrap dealer or all our company is manufacturing company and there are some wastage we sell under scrap as well whether GSTR7 applicable or not
This is for everyone who deal in metal scrap as it is goods based provision. But normal companies don’t purchase metal scrap so no need of TDS registration and gstr 7 and on sale you can normally charge gst as earlier.
Hence it applies on all taxpayers but major impact of changes will be on scrap dealers only.
Hi Sir, can you plz clear if we receive ASMT-10 by mail and ASMT-10 is not appearing on portal. Then how to file reply
Metal scrap mai 5 lakh ka payment kar diya hai bina tds deducted ab isme kya karna padega
Agar buyer TDS PAY NA KRE TO KYA HOGA
Vivek ji kindly created DEEMED export related video. Please it's my humble request
Okay
Falti ke compliance bda rkha hai
first of all IGST applicable on transaction since buyer is in gurgaon and not cgst and sgst
@@javrichandgolchha4629 First of all you don’t the provisions of Place of supply.
Go read first before commenting.
When can we get refund of Tds 2% as it will affect liquidity ?! Monthly basis or end of year?
You need to file TDS return every month to claim this.
Please keep it for download sir.
Check FinTaxPro telegram channel
Gabbar tax 😂 vyapar gya tel lene phele AAP tax do
Dhire dhire ab mutane, hagane par bhi GST return bharna hoga 😂😂😂
@@cricket3311 sahi bola bhai 😂🤣 services ke under vo bhi 😂🤣
Thanks sir, please make vedio how to file gstr7
मैं confuse नहीं हुया क्युकी मुझे अभी कुछ आता ही नहीं है 🤣
sir please apna accounting course update kareye 🙏
Okay
Hospital pe bhi 2% gst laga do...aur fees pe slab bana do
Sir ji iski pdf chahiye
Check description
Itana lamba video kyo banate ho bhai
Kitna paresan karoge aap log
Chhote vyapari ko
Kam ki bat nhi hai bakbas jyada hai
govt kya karna chahati hai
Hello sir..
IS IT EASY PROCESS TO GET REFUND FROM CASH LEDGER..AS SUPPOSE A PERSON HAS A TAXABLE TURNOVER OF 2 cr in a month his tds will be fitted to 4 lakh he will be shown while gstr3b…ussko gst aprox 1 lk Bharna aata hai …toh 3 lakhs balance agar monthly hassel free refund nahi milega toh refund 6 mahine Mai investment he khatam kar degaa…impose to do business then…pls share your views…