Income Tax & GST, Income Tax

[Niraj Kumar]

Hi...
Recently we printed some books for community educational purposes. The invoice with GST costs 1 Lakh plus. Will TDS Apply to it if we have a GST invoice?

Posts / Replies

[Shilpi Jain]

If there is GST in the invoice then it looks like the supplier has treated it as a provision of service and not merely as sale of books

Pls have a look at the HSN mentioned in the invoice. In case it is a 99 series HSN then it is a service.

[Niraj Kumar]

Mam, The HSN Code is 4820. 

[KASTURI SETHI]

Go through CBDT Circular Nos. 1/2014 dated 13.1.2014, 4/08 dated 28.4.2008 and 23/17 dated 19.07.2017.