Guidelines for deductions and deposits of TDS by the DDO under GST.
G.O.MS.No. 482 Dated:- 24-9-2018 Andhra Pradesh SGST
GST – States
Andhra Pradesh SGST
Andhra Pradesh SGST
GOVERNMENT OF ANDHRA PRADESH
\n–
\nREVENUE (COMMERCIAL TAXES-II) DEPARTMENT
\nG.O.MS.No. 482 Dated: 24-09-2018
\nORDER:
\nSection 51 of the APGST Act 2017 provides for deduction of tax by the Government Agencies (Deductor) or any other person to be notified in this regard, from the payment made or credited to the supplier (Deductee) of taxable goods or services or both, where the total value of such supply, under a contract, exceeds two lakh and fifty thousand rupees. The amount deducted as tax under this section shall be paid to the Government by deductor within ten days after the end of the month in which such deduction is made along with a return in FORM GSTR-7 giving the details of deductions and deductees. Further, the deductor has to issue a certificate to the deductee mentioning therein the contrac<\/p>\n
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Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n the Constitution, as such activities are treated neither supply of goods nor supply of services as per the Government of India notification no 14\/2017-Central Tax (Rate) dated 28.06.2017 and State GO.Ms. No.261, Revenue (CT-II) Dept., dated 29.06.2017. = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n s GSTIN) and generate the CPIN (Challan). In the CPIN he shall have to fill in the desired amount of payment against one\/many Major Head(s) (CGST\/SGST\/IGST) and the relevant component (e.g. Tax) under each of the Major Head. = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n tion II – Bunching of deductions and its deposit by the DDO = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n attach a certified copy of the record maintained by him in this regard. = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n","protected":false},"excerpt":{"rendered":" Guidelines for deductions and deposits of TDS by the DDO under GST.G.O.MS.No. 482 Dated:- 24-9-2018 Andhra Pradesh SGSTGST – StatesAndhra Pradesh SGSTAndhra Pradesh SGSTGOVERNMENT OF ANDHRA PRADESH – REVENUE (COMMERCIAL TAXES-II) DEPARTMENT G.O.MS.No. 482 Dated: 24-09-2018 ORDER: Section 51 of the APGST Act 2017 provides for deduction of tax by the Government Agencies (Deductor) or … Continue reading “Guidelines for deductions and deposits of TDS by the DDO under GST.”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-14081","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/14081","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14081"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/14081\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14081"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14081"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14081"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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\n3. The subject section which provides for tax deduction at source was not notified to come into force with effect from 1st July, 2017, the date from which GST was introduced. Government of India has notified that these provisions shall come into force with effect from 1st October, 2018, vide Notification No. 50\/2018 -Central Tax dated 13th September, 2018 and the Government of Andhra Pradesh also issued notification in GOMs No.476, Revenue (CT-II) department, dated:20-09-2018.
\n4. For payment process of Tax Deduction at Source under GST, two options can be followed, which are as under:
\nOption I: Generation of challan for every payment made during the month
\nOption II: Bunching of TDS deducted from the bills on weekly, monthly or any pe<\/p>\n
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\niii. While generating the CPIN, the DDO will have to select mode of payment as either (a) NEFT\/RTGS or (b) OTC. In the OTC mode, the DDO will have to select the Bank where the payment will be deposited through OTC mode.
\niv. The DDO shall prepare the bill on state payment portal for submission to the respective payment authorities.
\nv. In the Bill,
\n a) the net amount payable to the Contractor\/Supplier\/Vendor ; and
\n b) 2% as TDS will be specified
\nvi. In case of NEFT\/RTGS mode, the DDO will have to mention the CPIN Number (as beneficiary's account number), RBI (as beneficiary) and the IFSC Code of RBI with the request to payment authority to make payment in favour of RBI with these credentials.
\nvii. In case of the OTC mode, the DDO will have to request the payme<\/p>\n
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\n8. Option-I may not be suitable for DDOs who make large number of payments in a month as it would require them to make large number of challans during the month. Such DDOs may exercise this option wherein the DDO will have to deduct the TDS from each bill, for keeping it under the Suspense Head. However, deposit of this bunched amount from the Suspense Head can be made on a weekly, monthly or any other periodic basis.
\n9. Following process shall be followed by the DDO in this regard:
\ni. The DDO shall prepare the Bill based on the Expenditure Sanction. The Expenditure Sanction shall contain the (a) Total amount, (b) net amount payable to the Contractor\/Supplier\/Vendor and (c) the 2% TDS amount.
\nii. The DDO shall prepare the bill on payment portal of State Government for submission to the respective payment authorities.
\niii. In the Bill, it will be specified
\n a. the net amount payable to the Contractor; and
\n b. 2% as TDS\n<\/p>\n
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\nix. The payment authority will pass the bill by clearing the Suspense Head operated against that particular DDO after exercising necessary checks.
\nx. In case of NEFT\/RTGS mode, the DDO will have to mention the CPIN Number (as beneficiary's account number), RBI (as beneficiary) and the IFSC Code of RBI with the request to payment authority to make payment in favour of RBI with these credentials.
\nxi. In case of the OTC mode, the DDO will have to request the payment authority to issue Government Cheque in favour of one of the authorized Banks.
\nThe Cheque may then be deposited along with the CPIN with any of branch of the authorized Bank so selected by the DDO.
\nxii. Upon successful payment, a CIN will be generated by the RBI\/Authorized Bank and will be shared electronically with the GSTN Portal. This will get credited in the electronic Cash Ledger of the concerned DDO in the GSTN Portal. This can be viewed and the<\/p>\n
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