9911796707
TMI BlogTDS rates under GSTX X X X Extracts X X X X X X X X Extracts X X X X ..... Sir, Whether the TDS rates under GST are declared? - Reply By KASTURI SETHI - The Reply = How TDS is being linked with GST ? - Reply By Krishna V - The Reply = Sir, 1. As per Section 51 of the CGST Act 2017 , the Government may mandate the deductor (department or establishment of the Central or State Govt. / Local authority / Government agencies / such person or category of persons ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... as may be notified by the Government on the recommendation of the Council) to deduct tax at the rate of ONE per cent from the payment made or credited to the supplier (the deductee) where the total value of such supply under a contract exceeds two lakhs and fifty thousand rupees. 2. No deduction shall be made in case of inter state supply 3. The amount deducted as tax under this section ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... shall be paid to the Government by the deductor within 10 days after the end of the month in which such deduction is made. Further, the deductor shall furnish to the deductee a certificate mentioning contract value, rate of deduction, amount deducted, amount paid to the Govt. 4. As per sub Section (3) of Section 39 , deductor shall furnish the TDS amount in his monthly return and deductee shal ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... l claim credit in his electronic cash ledger. - Reply By Ganeshan Kalyani - The Reply = Yes the provision of TDS has been carried forward under GST. Thanks. - TDS rates under GST - Query Started By: - Aitha RajyaLakshmi Dated:- 25-5-2017 Goods and Services Tax - GST - Got 3 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
