TDS on works contracts: fixed intra state and inter state deduction rates apply, with implementation currently deferred. Works contracts are treated as composite supplies deemed to be services; a uniform TDS mechanism applies with distinct intra State and inter State deduction components. The circular reproduces GST rate categories for construction services and provides a valuation rule where, in supplies involving transfer of land, land is deemed to be one third of the total amount and the service/goods portion equals the remainder. The statutory TDS provision under GST is presently deferred and will be enforced from a notified date.
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.
TDS on works contracts: fixed intra state and inter state deduction rates apply, with implementation currently deferred.
Works contracts are treated as composite supplies deemed to be services; a uniform TDS mechanism applies with distinct intra State and inter State deduction components. The circular reproduces GST rate categories for construction services and provides a valuation rule where, in supplies involving transfer of land, land is deemed to be one third of the total amount and the service/goods portion equals the remainder. The statutory TDS provision under GST is presently deferred and will be enforced from a notified date.
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