Nettet13. apr. 2024 · The process for using the ITC for payment of GST demand is as follows: Log in to the GST portal and go to the ‘Services’ tab. Click on the ‘Ledgers’ option and select the ‘Electronic Credit Ledger’. Select the ITC that is available for utilization. Click on the ‘Set-off’ button and select the GST demand for which the ITC is to ... Nettet23. nov. 2024 · After filing of return by deductors (DDOs) in FORM GSTR-7, the amount so deducted will be auto-populated in the ‘TDS/TCS credit receipt’ table of respective suppliers. The supplier (deductee) has to accept or reject the amount so auto-populated in the table after logging on to the portal.
TDS TCS Credit under GST LIVE DEMO How to Claim Credit of TCS …
Nettet16. nov. 2024 · In GST portal of deductee: Log in and go to the return dashboard. Select the period for which the TDS has been deducted: 3. The portal will take you to the returns where the returns are to be filed. There will be an option or table in which the TDS and TCS credit received will be showing. Click on the table to view the details of the TDS ... Nettet21. okt. 2024 · Ans: TDS and TCS Credit Received can be accessed on the GST Portal, post login in the Returns Dashboard by the taxpayer. The path is Services > Returns > … black clover gel magic user
How to file ‘TDS and TCS Credit Received’ on GST portal? - Clear…
NettetIf TDS credit entries are rejected by the deductee, they will be auto-populated into Table 4 of Form GSTR-7 in the next tax period under ‘ Rejected by Deductee ’ tab. Now TDS deductor can amend those details and file Form GSTR-7 accordingly. 5.2. Select the Rejected By Deductee tab. 5.3. Click the EDIT button to edit the details. 5.4. Nettet8. apr. 2024 · If the deductee rejects the TDS credit entry then it will get auto-populate into Table 4 of Form GSTR-7. Thereafter, deductor has to amend GSTR 7 of next period. Post correction of such details in Form GSTR-7, the data will automatically flow to concerned GSTIN (supplier) for accepting or rejecting it. Nettet10. aug. 2024 · The TDS will appear in the Credit ledger of the supplier once the deductor (purchaser) files the TDS Return in GSTR 7. The deductee can then claim credit in his … black clover gauche eye