Formalities /Procedures to be followed for deducting and depositing the TDS by the Drawing and Disbursing Officers under GST Act –Facilities provided in the bill generating system.

Formalities /Procedures to be followed for deducting and depositing the TDS by the Drawing and Disbursing Officers under GST Act –Facilities provided in the bill generating system. https://www.taxtmi.com/circulars?id=57630 DDOs must register in GSTN as tax deductors, generate a GSTN challan and record the CPIN before bill preparation; classify GST components, remit by NEFT/RTGS to the Reserve Bank of India, and add the RBI IFSC and CPIN as a beneficiary entry in bill-generation applications (BiMS, EMLI, SANKHYA). Submit the bill to treasury with the challan copy; on passing, treasury remits the TDS to RBI and updates the DDO's GST ledger. File the prescribed return monthly and ensure bill encashment within the challan validity period. en-us Mon, 22 Oct 2018 00:00:00 +0530 Thu, 15 Nov 2018 12:26:00 +0530 TaxTMI RSS Generator Formalities /Procedures to be followed for deducting and depositing the TDS by the Drawing and Disbursing Officers under GST Act –Facilities provided in the bill generating system. https://www.taxtmi.com/circulars?id=57630 DDOs must register in GSTN as tax deductors, generate a GSTN challan and record the CPIN before bill preparation; classify GST components, remit by NEFT/RTGS to the Reserve Bank of India, and add the RBI IFSC and CPIN as a beneficiary entry in bill-generation applications (BiMS, EMLI, SANKHYA). Submit the bill to treasury with the challan copy; on passing, treasury remits the TDS to RBI and updates the DDO's GST ledger. File the prescribed return monthly and ensure bill encashment within the challan validity period. Circulars GST - States Mon, 22 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/circulars?id=57630