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TMI BlogGuidelines for deductions and deposits of TDS by the DDO under GST.X X X X Extracts X X X X X X X X Extracts X X X X ..... fifty thousand rupees. The amount deducted as tax under this section shall be paid to the Government by deductor within ten days after the end of the month in which such deduction is made along with a return in FORM GSTR-7 giving the details of deductions and deductees. Further, the deductor has to issue a certificate to the deductee mentioning therein the contract value, rate of deduction, amount deducted etc. 2. As per the Act, every deductor shall deduct the tax amount from the payment made to the supplier of goods or services or both and deposit the tax amount so deducted with the Government account through NEFT to RBI or a cheque to be deposited in one of the authorized banks, using challan on the common portal. In addition, the ded ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... allan for every payment made during the month Option II: Bunching of TDS deducted from the bills on weekly, monthly or any periodic manner 5. In order to give effect to the above options from 01.10.2018, a process flow of deduction and deposit of TDS by the DDOs has been finalised by Government of India in consultation with CGA for guidance and implementation by Central and State Government Authorities. The same process flow is adopted for Government of Andhra Pradesh. The process flow for Option I and Option II are described as under: Option I - Individual Bill-wise Deduction and its Deposit by the DDO 6. In this option, the DDO will have to deduct as well as deposit the GST TDS for each bill individually by generating a CP ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nks. The Cheque may then be deposited along with the CPIN with any of branch of the authorized Bank so selected by the DDO. viii. Upon successful payment, a CIN will be generated by the RBI/Authorized Bank and will be shared electronically with the GSTN Portal. This will get credited in the electronic Cash Ledger of the concerned DDO in the GSTN Portal. This can be viewed and the details of CIN can be noted by the DDO anytime on GSTN portal using his Login credentials. ix. The DDO should maintain a Register as per proforma given in Annexure A to keep record of all TDS deductions made by him during the month. This Record will be helpful at the time of filing Monthly Return ( FORM GSTR-7 ) by the DDO. The DDO may also make use of t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r periodic basis, the total amount could be easily worked out. vi. At any periodic interval, when DDO needs to deposit the TDS amount, he will prepare the CPIN on the GSTN Portal for the amount (already booked under the Suspense Head). vii. While generating the CPIN, the DDO will have to select mode of payment as either (a) NEFT/RTGS or (b) OTC. In the OTC mode, the DDO will have to select the Bank where the payment will be deposited through OTC mode. viii. The DDO shall prepare the bill for the bunched TDS amount for payment through the concerned payment authority. In the Bill, the DDO will give reference of all the earlier paid bills from which 2% TDS was deducted and kept in the suspense head. The DDO may also attach ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... by 10th of the following month xv. The DDO shall generate TDS Certificate through the GSTN Portal in FORM GSTR-7A 10. Hence, Departments in the Government should instruct all concerned DDOs under them to follow the above procedure for payment of GST TDS amount deducted from payments to be made to suppliers. 11. The Finance department may issue suitable instructions and also impart necessary training to all DDOs concerned. 12. Difficulty, if any, in implementation of this Order may please be brought to the notice of Revenue (CT) Department or Chief Commissioner of State Taxes The above notification will be published in an Extra-Ordinary issue of the Andhra Pradesh Gazette, Dated:25-09-2018. (BY ORDER AND IN THE NAME O ..... X X X X Extracts X X X X X X X X Extracts X X X X
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