Understanding TDS & GST for Indian Customers
SOP for TDS Payment for Indian Customers:
Full Payment Required: Please make the payment of the full invoice amount (inclusive of GST) to process your invoice smoothly.
TDS Deposit: If applicable, deposit the TDS amount separately and file the TDS return as per your convenience.
Issue FORM 16A: Once done, issue FORM 16A to us. You can contact support to get our PAN details listed on the website.
TDS Reimbursement: After submitting the TDS certificate to us, we’ll reimburse the TDS amount into your current account within 7 working days.
TDS Details: Note that TDS is applicable under section 194C at a rate of 1%.
SOP for GST Input Claim for Indian Customers:
GSTIN Update: If you’re a registered business with a GSTIN, please update your GSTIN in your account profile to receive GST invoices.
Claiming GST Input: If eligible, we will issue GST invoices, which you can use to claim GST input. Check with your CA for more guidance.
GSTR-1 Return Schedule: We file GSTR-1 on the 13th of the month following each quarter's end due to falling below the prescribed monthly limit.
GST Input Timing: You should receive GST input on the 3rd month following the quarter’s end.
This is the SOP for GST operations and input claim eligibility.
Full Payment Required: Please make the payment of the full invoice amount (inclusive of GST) to process your invoice smoothly.
TDS Deposit: If applicable, deposit the TDS amount separately and file the TDS return as per your convenience.
Issue FORM 16A: Once done, issue FORM 16A to us. You can contact support to get our PAN details listed on the website.
TDS Reimbursement: After submitting the TDS certificate to us, we’ll reimburse the TDS amount into your current account within 7 working days.
TDS Details: Note that TDS is applicable under section 194C at a rate of 1%.
SOP for GST Input Claim for Indian Customers:
GSTIN Update: If you’re a registered business with a GSTIN, please update your GSTIN in your account profile to receive GST invoices.
Claiming GST Input: If eligible, we will issue GST invoices, which you can use to claim GST input. Check with your CA for more guidance.
GSTR-1 Return Schedule: We file GSTR-1 on the 13th of the month following each quarter's end due to falling below the prescribed monthly limit.
GST Input Timing: You should receive GST input on the 3rd month following the quarter’s end.
This is the SOP for GST operations and input claim eligibility.
Updated on: 13/11/2024
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