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Is private ltd company liable for tds deduction under gst?

Valerian Dsouza (Manager Audit & Taxation) (413 Points)

01 October 2018

Whether, Private Limited Company is liable to obtain registration and deduct TDS under GST Act?

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Harihar Mandal (CA) (504 Points)
Replied 01 October 2018

No, private companies not required to take registration and deduct TDS under GST

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Valerian Dsouza (Manager Audit & Taxation) (413 Points)
Replied 01 October 2018

Thank you so much Sir

Pankaj Rawat (GST Practitioner) (55052 Points)
Replied 02 October 2018

A department or an establishment of the Central Government or State Government; or
Local authority; or
Governmental agencies; or
Such persons or category of persons as may be notified by the Government.
As per the latest Notification, the following entities also need to deduct TDS-

An authority or a board or any other body which has been set up by Parliament or a State Legislature or by a government, with 51% equity ( control) owned by the government.
A society established by the Central or any State Government or a Local Authority and the society is registered under the Societies Registration Act, 1860.
Public sector undertakings.

Hence pvt ltd co. is not liable to ded. TDS

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