what is rule to deduct tds of a supplier on goods supplied to government office
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Quick Summary
This discussion clarifies the rules for deducting Tax Deducted at Source (TDS) from suppliers when goods are supplied to government offices. According to Section 51 of the CGST Act 2017, government offices must deduct TDS at a rate of 2% (1% CGST + 1% SGST) if the total value of supply under a contract, encompassing both goods and services, exceeds £2.5 lakh.
As per section 51 of the CGST act 2017, total value of supply under Contract, exceeds 2 lac 50 thousand for both Goods and services , GOVT office will deduct TDS @ 2% ( 1%CGST +1%SGST) .