TDS and TCS under GST came into effect from 1st October 2018. TDS refers to the tax which is deducted when the buyer of goods or services, such as government
Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) Tax Deducted at Source (TDS)is a process to keep an eye on the transactions of the supply of goods and services by making the buyer of such transactions deduct a small amount to be paid to the supplier and deposit the amo...