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Tds on GST

REMYA R NAIR (STUDENT) (48 Points)

25 January 2019

Whether there is any notification relating to TDS on GST recently.

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6 Replies

Lokesh Sagar Gouni (62 Points)
Replied 25 January 2019

There is no such notification

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REMYA R NAIR (STUDENT) (48 Points)
Replied 25 January 2019

On Oct 1 2018, there is such notification or circular, but I can't find out it in CBEC

CA Akshay Hiregange (Partner - Audit & Assistance) (4615 Points)
Replied 25 January 2019

Dear Remya,

Notification 50/2018 & 51/2018 Central Taxes dated 13th September 2018. TDS & TCS w.e.f. 1.10.2018

Pankaj Rawat (GST Practitioner) (55052 Points)
Replied 25 January 2019

last notification 73/2018 CT , Psu to psu no tds applicable

dushyant sharma (STUDENT) (50 Points)
Replied 26 January 2019

how the tds to be deducted in case of gst

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Pankaj Rawat (GST Practitioner) (55052 Points)
Replied 28 January 2019

first of all who can deduct the tds .... so as per notification50/2018 ct & read with section 51 , govt dept., local authority, society establish by govt., public sector undertaking.

The tds is required to be deducted from the payment made supplier, if the total value of supply under a contract in respect of supply of TAXABLE GOODS OR SERVICES OR BOTH exceeds Rs.2.5 lac (this value shall exclude the taxes leviable under gst ie state tax, igst tax)

for more explanation kindly refer SOP on TDS at site cbec.gov.in