https://www.taxtmi.com/caselaws?id=406145 Tax deducted at source under the Tamil Nadu VAT Act for works contracts operates as advance collection of VAT, credited to the deductee and adjustable against VAT liability. Because the deduction is collected under statutory authority, reflected through returns and linked to assessment and charging provisions, it retains the character of tax credit rather than a standalone deposit. Accumulated TDS credit is therefore capable of transition under the GST transitional provision, and excluding it would be inconsistent with the pre-GST VAT scheme and transitional framework. TDS credit may be carried forward into the GST regime. en-us Fri, 26 Feb 2021 00:00:00 +0530 Tue, 25 Mar 2025 11:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406145 Tax deducted at source under the Tamil Nadu VAT Act for works contracts operates as advance collection of VAT, credited to the deductee and adjustable against VAT liability. Because the deduction is collected under statutory authority, reflected through returns and linked to assessment and charging provisions, it retains the character of tax credit rather than a standalone deposit. Accumulated TDS credit is therefore capable of transition under the GST transitional provision, and excluding it would be inconsistent with the pre-GST VAT scheme and transitional framework. TDS credit may be carried forward into the GST regime. Case-Laws GST Fri, 26 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406145