Tds u/s 51 of gst act
This query is : Resolved
Vipin Gupta
(Querist)
22 December 2018
Sir if the contractor does not have any GSt numbers how we will deduct the TDS or we will not be required to deduct TDS
31 December 2018
Hi gupta, notification No 50/2018 dated 13.09.2018, which provides that TDS provisions u/s 51 will be applicable w.e.f 01.10.2018 and provides other specified persons ( Deductor )as below:
(a) an authority or a board or any other body, –
(i) set up by an Act of Parliament or a State Legislature; or
(ii) established by any Government,
(iii) with fifty-one per cent. or more participation by way of equity or control, to carry out any function;
(b) Society established by the Central Government or the State Government or a Local Authority under the Societies Registration Act, 1860 (21 of 1860);
(c) public sector undertakings (PSUs).
Kindly ensure, you are covered under specified person catageory.? If yes you can deduct the TDS @2% ( CGST 1% + SGST 1% or IGST 2% ). You can deduct the TDS on GST based on TAN number. GSTN number not required.
(a) an authority or a board or any other body, –
(i) set up by an Act of Parliament or a State Legislature; or
(ii) established by any Government,
(iii) with fifty-one per cent. or more participation by way of equity or control, to carry out any function;
(b) Society established by the Central Government or the State Government or a Local Authority under the Societies Registration Act, 1860 (21 of 1860);
(c) public sector undertakings (PSUs).
Kindly ensure, you are covered under specified person catageory.? If yes you can deduct the TDS @2% ( CGST 1% + SGST 1% or IGST 2% ). You can deduct the TDS on GST based on TAN number. GSTN number not required.
Vipin Gupta
(Querist)
31 December 2018
The Contractor Does not have GST Number and without GST number return is not been accepted
Dhirajlal Rambhia
(Expert)
19 October 2021
Apply for GST number immediately..
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