TaxTMI 
TaxTMI 
Sir,
Whether the TDS rates under GST are declared?
TDS rates under GST
25 May 2017 
3 Replies 
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TDS under GST requires notified deductors to withhold tax from supplier payments above a threshold; inter state supplies excluded.
TDS under GST empowers the Government to require specified deductors to withhold tax from supplier payments when contract value exceeds a notified threshold, excluding inter state supplies. Deductors must deposit withheld amounts within the statutory timeline, issue a certificate to the deductee detailing contract value, rate and amount withheld, and reflect the deduction in their monthly return so the deductee can claim credit in the electronic cash ledger. (AI Summary)
TDS under GST empowers the Government to require specified deductors to withhold tax from supplier payments when contract value exceeds a notified threshold, excluding inter state supplies. Deductors must deposit withheld amounts within the statutory timeline, issue a certificate to the deductee detailing contract value, rate and amount withheld, and reflect the deduction in their monthly return so the deductee can claim credit in the electronic cash ledger. (AI Summary)