https://www.taxtmi.com/news?id=20578 Tax Deduction at Source under GST requires specified government and public bodies to deduct tax when the taxable component of a contract exceeds the monetary threshold; deductors must register on the GST portal. Deduction applies to payments and advances from the operative date, with differing rates for intra state (CGST/SGST split) and inter state (IGST) supplies. Exclusions include exempt supplies, unregistered suppliers, Schedule III activities, invoices or advances predating the operative date, reverse charge transactions, and cess-only payments. The SOP sets out valuation rules, registration, challan generation, Form GSTR 7 filing procedures, issuance of Form GSTR 7A certificates, and consequences for delayed deposit or non deduction. en-us Sat, 29 Sep 2018 13:09:38 +0530 Wed, 11 Feb 2026 15:57:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=20578 Tax Deduction at Source under GST requires specified government and public bodies to deduct tax when the taxable component of a contract exceeds the monetary threshold; deductors must register on the GST portal. Deduction applies to payments and advances from the operative date, with differing rates for intra state (CGST/SGST split) and inter state (IGST) supplies. Exclusions include exempt supplies, unregistered suppliers, Schedule III activities, invoices or advances predating the operative date, reverse charge transactions, and cess-only payments. The SOP sets out valuation rules, registration, challan generation, Form GSTR 7 filing procedures, issuance of Form GSTR 7A certificates, and consequences for delayed deposit or non deduction. News - Sat, 29 Sep 2018 13:09:38 +0530 https://www.taxtmi.com/news?id=20578