Tax deduction at source requires specified deductors to withhold GST, remit timely and issue certificates for deductee credit. Tax deduction at source requires specified government entities and notified persons to withhold tax from payments to suppliers of taxable goods or services when contract value exceeds the prescribed threshold, excluding applicable taxes and cess from the taxable value. Deductors must remit withheld amounts to the Government within the prescribed period, furnish a certificate to the deductee showing contract value, rate and amount deducted, and face late-fee and interest consequences for failure to issue the certificate or remit amounts. The deductee may claim credit of deducted tax in the electronic cash ledger as reflected in the deductor's return, and refunds for excess or erroneous deductions follow the refund provisions.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Tax deduction at source requires specified deductors to withhold GST, remit timely and issue certificates for deductee credit.
Tax deduction at source requires specified government entities and notified persons to withhold tax from payments to suppliers of taxable goods or services when contract value exceeds the prescribed threshold, excluding applicable taxes and cess from the taxable value. Deductors must remit withheld amounts to the Government within the prescribed period, furnish a certificate to the deductee showing contract value, rate and amount deducted, and face late-fee and interest consequences for failure to issue the certificate or remit amounts. The deductee may claim credit of deducted tax in the electronic cash ledger as reflected in the deductor's return, and refunds for excess or erroneous deductions follow the refund provisions.
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