You can again file DIR-3 KYC form, if this problem is persisting.

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GST Updates:

18th October 2022 i.e Today is the due date for filing Composition GST Return CMP-08 for Q2 (July to Sept 22)

Do file it on time to avoid late fees

Let's understand about TDS Section 194J in a simple way.

Let's understand about "194Q vs 206C(1H)" in a simple way.

194Q vs 206C(1H) - 194Q is a TDS section whereas 206C(1H) is a TCS section.

If a transaction is both within the purview of TDS sec 194Q as well as TCS Sec 206C(1H), then the tax is required to be deducted u/s 194Q.

Further that transaction shall come out of the purview of TCS Sec 206C(1H) after tax has been deducted by the buyer on that transaction.

Once the buyer has deducted TDS u/s 194Q on a transaction, the seller is not required to collect TCS u/s 206C(1H) on the same transaction.

However, if, for any reason, TCS u/s 206C(1H) has been collected by the seller before the buyer could deduct TDS u/s 194Q on the same transaction, such transaction would not be subjected to TDS again by the buyer.

This has been clarified by CBDT.

Similar consequences as to other TDS section. Disallowance.

one time dispute settlement scheme like introduced for service tax dispute settlement is on its way: source

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not working. Filing held up

as explained above, if for a transaction, TCS is collected by mistake, then TDS is not required to be deducted.

first preference has to be given to TDS, so its primarily buyer's responsibility to deduct TDS.

First preference needs to be given to TDS.
So our suggestion would be that you give a declaration to the seller that TDS is applicable to you and henceforth you will deduct TDS and he should stop collecting TCS.

GST Updates

20th October is the due date for filing GSTR-3B (Monthly) for the month of September 2022.

Do file it on time to avoid any late fees

Knowledge Series: Can u/s 122(1) of CGST Act, 2017 can be demanded without issuing SCN under section 73/74 of CGST Act 2017?

GST Website !🧐

GST monthly return date should be extended considering the state of the website.

1 day extension for GSTR-3B (Monthly) return

🔁 RT Last Date for filing MEF extended to 9th Nov!!

The Professional Development Committee has extended the last date for submission of Multipurpose Empanelment Form for the year 2022-23 from 28th October 2022 to 9th November 2022