https://www.taxtmi.com/acts?id=28687 Section 51 requires specified government entities and notified persons to deduct tax at the rate provided from payments to suppliers under contracts exceeding the prescribed value, excluding central tax, State tax, integrated tax and cess from the invoice value. Deductors must remit withheld tax monthly within ten days after month end, issue prescribed certificates to deductees, and face a daily late fee if certificates are not furnished timely. Deductees claim credit in their electronic cash ledger; deductors owe interest for nonpayment. Determination of defaults and refunds for excess or erroneous deduction follow the statute's specified procedures. en-us Fri, 30 Jun 2017 15:39:22 +0530 Wed, 19 Jul 2017 13:15:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=28687 Section 51 requires specified government entities and notified persons to deduct tax at the rate provided from payments to suppliers under contracts exceeding the prescribed value, excluding central tax, State tax, integrated tax and cess from the invoice value. Deductors must remit withheld tax monthly within ten days after month end, issue prescribed certificates to deductees, and face a daily late fee if certificates are not furnished timely. Deductees claim credit in their electronic cash ledger; deductors owe interest for nonpayment. Determination of defaults and refunds for excess or erroneous deduction follow the statute's specified procedures. Act-Rules GST - States Fri, 30 Jun 2017 15:39:22 +0530 https://www.taxtmi.com/acts?id=28687