Calculating TDS for GST Applicable Services

Run the Calculate TDS Withholding program (R75I515) to calculate the TDS on vouchers that are defined for withholding a percentage of the invoice amount with GST. You must run this program only after you calculate the GST for these vouchers.

The R75I515 program automatically generates the Calculate TDS Withholding report at the time of voucher creation if you set the Calculate TDS processing option for the PO - A/P Standard Voucher Entry (P75I0411) to calculate TDS. The system calculates TDS on the basis of the value of supply (gross amount) + GST on the gross amount.

The system prints the GST amounts in the Calculate TDS Withholding report.

To understand how the system processes records to calculate TDS, see Calculating TDS and WCT.