TMI BlogApplicability of WCT TDSX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear expert, As per my understanding sec 51 of cgst / sgst act , which is replacement of Tds on works contract? If yes there are only 3 categories of person defined as 1. Central or state gov ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ernment. 2. Local authority 3. Government agencies. Whereas the 4th one will be notified by government on the recommendation by the council. So, other than these person no need to deduct tds on the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... works contract? Till 30th June 2017, our clients usually deduct tds on works contract @2% in case of civil nature and others @5% will be remitted to the respective authority. Whereas as per the GS ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... T the contract exceed rs. 2.5 lakhs and the tds shall deduct at 1% and remit to the government. But now, not required to deduct since the 4th category of person not notified, am I correct sir? T ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... hanks in advance. - Reply By HimansuSekhar Sha - The Reply = For the time being there will be no TDs as sec. 51 has not been implemented by not 9/17 or by 1/17. - Applicability of WCT TDS - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Query Started By: - THYAGARAJAN KALYANASUNDARAM Dated:- 1-8-2017 Goods and Services Tax - GST - Got 1 Reply - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Tax Management India - 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
|