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: 1% Tax Deduction Mandate for Govt Contracts Over INR 250,000, With Strict Compliance and Refund Rules</h1> Section 51 of the Andhra Pradesh Goods and Services Tax Act, 2017 mandates certain government departments, local authorities, and specified entities to deduct tax at a rate of 1% from payments to suppliers when the contract value exceeds INR 250,000. 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 of the month's end. Deductors must issue a certificate to deductees within five days, with penalties for delays. Deductees can claim credit for deducted tax, and interest applies for late payments. Refunds for excess deductions follow section 54, with no refund to deductors if credited to the deductee's ledger.
TaxTMI 
TaxTMI 
