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Tds deduction in gst

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 June 2017 Dear Experts.
i have heard that on purchase of goods buyer will deduct TDS on payment made to supplier. pls clarify whether every buyer wil deduct TDS or is there any specified category of buyer & goods.

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Aashish
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CA Shubhanshu Jain

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CA Shubhanshu Jain (Expert)
27 June 2017 TDS is applicable only in case of government contracts and that too if contract value is more than Rs. 250000
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Amol S Joglekar

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Amol S Joglekar (Expert)
27 June 2017 As per the latest news, Govt has deferred the TDS for a smooth roll out.
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Amol S Joglekar

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Amol S Joglekar (Expert)
27 June 2017 https://www.cbec.gov.in/resources//htdocs-cbec/gst/eflier-TDS-mechanism21062017.pdf;jsessionid=A588E6207CB02DC30E9F65026CB7F14C

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