Implementation of Tax Deduction at Source (TDS) under GST
F.No. 8\/10(2)\/HRD\/EMC\/2017 Dated:- 26-9-2018 Clarifications \/ Instructions \/ Orders
GST
Government of India
\nMinistry of Finance, Department of Revenue
\nDirectorate General of Human Resources Development
\nIndirect Taxes & Customs
\nIRCON Building, West Wing,
\nGround Floor, Plot No. C-4,
\nDistrict Centre, Saket,
\nNew Delhi-110017
\nF. No. 8\/B\/10(2)\/HRD\/EMC\/2017\/
\nDated: 26 September, 2018
\n
\nTo
\n All Budgetary Authorities under CBIC
\nSir\/Madam,
\nSub: Implementation of Tax Deduction at Source (TDS) under GST- Reg.
\nThis is to draw your kind attention to the Implementation of Tax deduction at Source (TDS) under GST
\n(1) In this regard Notification No. 50\/2018- Central T<\/p>\n
= = = = = = = =<\/p>\n
Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n deductions and deposits of TDS by the DDO under GST. = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n nalty. = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n","protected":false},"excerpt":{"rendered":" Implementation of Tax Deduction at Source (TDS) under GSTF.No. 8\/10(2)\/HRD\/EMC\/2017 Dated:- 26-9-2018 Clarifications \/ Instructions \/ OrdersGSTGovernment of India Ministry of Finance, Department of Revenue Directorate General of Human Resources Development Indirect Taxes & Customs IRCON Building, West Wing, Ground Floor, Plot No. C-4, District Centre, Saket, New Delhi-110017 F. No. 8\/B\/10(2)\/HRD\/EMC\/2017\/ Dated: 26 September, … Continue reading “Implementation of Tax Deduction at Source (TDS) 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-14110","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/14110","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=14110"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/14110\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
For full text:-Visit the Source <\/a><\/p>\n
\nDetailed forms have already been prescribed vide FORM GST REG- 07, FORM GSTR- 7.
\nThe persons, who are mandatorily required to deduct tax at Source under GST, have been specified in Section 51 of the CGST Act, 2017.
\nAs 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.
\n(4) The Rate of TDS to be deducted is specified in Section 51(1) of the CGST Act, 2017 and Section 20 of the IGST Act, 2017 and the timelines are prescribed under Sub-section (2), (3) and (4) of Section 51 of the CGST Act, 2017.
\n(5) Returns have to filled under Rule 66 of the CGST Rule<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\n(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.
\n(8) Only TDS category GST Registrant not liable to pay GST under Reverse charge on intra-state supplies received from unregistered supplier (remains ineffective till 30.09.2019). (Ref. notification No. 9\/2017-Central Tax (Rate), dated 28.6.2017).
\n(9) Rule 12 of the CGST Rules, 2017 provides for Grant of registration to persons required to deduct tax at source or to collect tax at source.
\n(10) The details of tax deducted at source furnished by the deductor under sub-section (3) of section 39 in FORM GSTR-7 shall be made available to the deducttee in Part C of FORM GSTR-2A electronica<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n