TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Section 51 of Orissa GST Act: 1% Tax Deduction on Contracts Over INR 2.5 Lakh, with Specific Conditions and Penalties</h1> Section 51 of the Orissa Goods and Services Tax Act, 2017, mandates certain government departments, local authorities, and notified persons to deduct tax at 1% from payments to suppliers when contract values exceed INR 2.5 lakh. No deduction is required if the supplier's location and place of supply differ from the recipient's registration state. The deducted tax must be paid to the government within ten days post-deduction. Deductors must issue a certificate to deductees, and failure to do so incurs a late fee. Deductees can claim tax credits, and interest applies for unpaid deductions. Refunds for excess deductions follow section 54, barring refunds to deductors if credited to the deductee's ledger.
TaxTMI 
TaxTMI 
