TaxTMI 
TaxTMI 
TaxTMI 
Implementation of Tax Deduction at Source (TDS) under GST
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....F. No. 8/B/10(2)/HRD/EMC/2017/ Dated: 26 September, 2018 To All Budgetary Authorities under CBIC Sir/Madam, Sub: Implementation of Tax Deduction at Source (TDS) under GST- Reg. This is to draw your kind attention to the Implementation of Tax deduction at Source (TDS) under GST (1) In this regard Notification No. 50/2018- Central Tax, dated 13.09.2018 has been issued to bring into ....
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....e FORM GST REG- 07, FORM GSTR- 7. The persons, who are mandatorily required to deduct tax at Source under GST, have been specified in Section 51 of the CGST Act, 2017. As per provisions of section 24 of the CGST Act, 2017, the person so required to deduct Tax at Source (TDS) are mandatorily required to take registration under 25 of the CGST Act, 2017. (4) The Rate of TDS to be deducted is speci....
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....roviso to Section 20 of the IGST Act, 2017, in cases where the penalty is leviable under the CGST Act and State/UT GST Act, the penalty leviable under IGST Act, 2017 shall be sum total of the said penalty. (7) Provisions for Payment of Tax by Deducttee and Refund to Deductor /or Deducttee in case of excess/erroneous deduction of TDS have also been made. (8) Only TDS category GST Registrant not l....
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....e supplies of goods or services or both received by a deductor under section 51 of the said Act, from any supplier, who is not registered, from the whole of the central tax leviable thereon under sub-section (4) of section 9 of the said Act, subject to the condition that the deductor is not liable to be registered otherwise than under sub-clause (vi) of section 24 of the said Act w.e.f. 01/07/17. ....