GST TDS...

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1 Points Posted on 17 July 2020
Is deduction of GST TDS is applicable on payment made by a government agency to another..??
if yes ...??
under which proviso..??
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On 17 July 2020 at 13:27 Report
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This discussion clarifies the applicability of GST TDS on payments made by one government agency to another. It explains that GST TDS, a 2% deduction (1% CGST, 1% SGST or 2% IGST for inter-state supplies), is generally required when the supply value exceeds £2.5 lakh. The provisions for GST TDS have been in effect since 1st October 2018, as per Section 51 of the CGST Act.

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1313 Points Posted on 17 July 2020
In GST, TDS 2%is required to be deducted on payment (1%cgst and 1%sgst. )inter-state supply(IGST 2%) - made to the supplier of taxable goods or service of both where the value of such supply under the contract exceeds 2.5Lakh. The provision of TDS on GST are applicable from 1st october2018(Notification No. 50/2018-Central Tax dated 30th september 2018.
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On 17 July 2020 at 14:56
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Tax and Business Consultant
11616 Points Posted on 17 July 2020
GST TDS is applicable as per section 51 of CGST act and made effective from 1/10/2018 via Notification No. 50/2018 – Central Tax dated 13/09/2018.
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On 17 July 2020 at 18:48

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