Handling of Lower TDS Certificate Threshold Across Multiple Suppliers with Same PAN — Cloud Customer Connect
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Handling of Lower TDS Certificate Threshold Across Multiple Suppliers with Same PAN

edited May 22, 2025 10:43AM in Tax & Global

Organization Name (Required - If you are an Oracle Partner, please provide the organization you are logging the idea on behalf of): Safexpress Private Limited


Description (Required):

As per our business requirement, we have created multiple supplier records in Oracle Fusion that share a single PAN. This structure is necessary to meet integration requirements with our Operations ERP, where each supplier record corresponds to a specific business unit or location.

In this setup, we have:

Defined one supplier as the Parent Supplier, and the others as Child Suppliers.

Assigned the same PAN across all these related supplier records.

Recently, one of these suppliers has been issued a Lower TDS (Withholding Tax) Rate Certificate under Section 194J, specifying a reduced rate of 1% and a threshold limit of ₹100,000 for the financial year, valid up to 31st March 2025.

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