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Gst tds input credit in the case of gst deductee registration is late

ITC / Input 233 views 3 replies

Ankit Laddha

3 Points Posted on 21 January 2019

My client is a local authority (Gram Panchayat) has made payment to a trust who was not registered while making the payment with GST.
So payment was made in the month of Dec,2018 and GST registration has taken in the month of Jan,19 by trust and was active from 16th Jan 2019.

Replies (3)

shiv shankar rawat student CMA

Manager

263 Points Posted on 21 January 2019

my opinion , Trust covered under exemption list .

saurabh sawlani

Self employed

2193 Points Posted on 22 January 2019

TDS @ 2% is required to be deducted on payment made to the supplier of taxable goods or services of both where the value of such supply under a contract exceeds Rs. 2.5 Lakhs.

The provisions of TDS on GST are applicable from 1st Oct 2018 [Notification No. 50/2018 – Central Tax dated 13th Sept 2018].

Ankit Laddha

3 Points Posted on 22 January 2019

So can we file the GSTR 7 for the month of Dec.18 by mention the trust GST no?? In which month we should account GST TDS of 2% which has been and make the payment ? Can the same be considered in the month of Dec

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