Calculating TDS on GST Applicable Goods

Run the Calculate TDS Withholding program (R75I515) to calculate the TDS on vouchers for purchase goods that are defined for withholding a percentage of the invoice amount. The system calculates the TDS for GST applicable goods in the same way that it does for TDS on income.

See Calculating TDS and WCT.

Note: Works contract tax (WCT) is not applicable on goods subject to GST.

The system prints the total GST amounts in the Calculate TDS Withholding report. However, these GST amounts are not included in the TDS calculation for purchase goods.