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of <h1>Maharashtra GST Act, Section 51: 1% Tax Deduction at Source for Payments Over 250K; Rules on Remittance and Refunds</h1> Section 51 of the Maharashtra Goods and Services Tax Act, 2017 mandates certain government entities and notified persons to deduct tax at source at a rate of one percent on payments exceeding 250,000 rupees for taxable goods or services. This deduction is not applicable if the supplier's location and the place of supply differ from the recipient's registration state. Deducted tax must be remitted to the government within ten days of the month's end, and a certificate must be issued to the supplier. Failure to issue the certificate incurs a late fee, and any failure to remit the tax attracts interest. Refunds for excess deductions follow specific provisions, with no refund to the deductor if credited to the deductee's ledger.
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