TDS ON GST

as per gst tds provisions deductee must a goverment company or local authority ,or any government company holding a company share more then 51%

Yes ,... Tds will be applicable , as the tds is to be deducted by Govt.Concern on payment made to Supplier , so on all those payment made after 1.10.2018 whose contract value is more then 2.5lac TDS attracts

As ‘SOP on TDS’ released recently and hosted on CBIC website says : No TDS will be deducted if 1.Where the payment relates to a tax invoice that has been issued before 01.10.2018 2.Where any amount was paid in advance prior to 01.10.2018 and the tax invoice has been issued on or after 01.10.18, to the extent of advance payment made before 01.10.2018. Hence in your the Tax invoice has not been issued before the 1/10/2018 so any payment made after 1.10.18 TDS will be deducted

And the limit of 2.5 lac is per contract of taxable items, not yearly limit like in income tax.

YES IT 2.5 LAC IS PER CONTRACT OF TAXABLE GOODS OR SERVICE , NOT YEARLY