https://www.taxtmi.com/article/detailed?id=7599 Characterisation of government engagements as works contract depends on transfer of property in goods related to immovable property; where applicable, works contracts are treated as supply of service. Governments and specified authorities may be required to deduct tax at source at an aggregate rate of two percent on taxable supplies above the threshold, deposit the deduction within ten days after month-end, and furnish a TDS certificate to the contractor within five days of deposit. Deductees claim TDS credit in the electronic cash ledger upon matching with the deductor's return; excess or erroneous deductions are refundable under GST rules, and the TDS provision was not yet in force when written. en-us Wed, 06 Sep 2017 14:35:10 +0530 Wed, 06 Sep 2017 14:35:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7599 Characterisation of government engagements as works contract depends on transfer of property in goods related to immovable property; where applicable, works contracts are treated as supply of service. Governments and specified authorities may be required to deduct tax at source at an aggregate rate of two percent on taxable supplies above the threshold, deposit the deduction within ten days after month-end, and furnish a TDS certificate to the contractor within five days of deposit. Deductees claim TDS credit in the electronic cash ledger upon matching with the deductor's return; excess or erroneous deductions are refundable under GST rules, and the TDS provision was not yet in force when written. Articles Goods and Services Tax - GST Wed, 06 Sep 2017 14:35:10 +0530 https://www.taxtmi.com/article/detailed?id=7599