Guidelines for Deductions and Deposits of TDS by the DDO
under GST
Section 51 of the CGST Act 2017 provides for deduction of tax by the
Government Agencies (Deductor) or any other person to be notified in this regard,
from the payment made or credited to the supplier (Deductee) of taxable goods
or services or both, where the total value of such supply, under a contract, exceeds
two lakh and fifty thousand rupees. The amount deducted as tax under this section
shall be paid to the Government by deductor within ten days after the end of the
month in which such deduction is made alongwith a return in FORM GSTR-7
giving the details of deductions and deductees. Further, the deductor has to issue
a certificate to the deductee mentioning therein the contract value, rate of
deduction, amount deducted etc.
Link
TDS deposit by DDOs
Modification to the Guidelines for Deductions and Deposits of TDS by the DDO
under GST as clarified in Circular No. 65/39/2018-DOR dated14.09.2018
Circular No. 67/41/2018-DOR New Delhi, Dated the 28th September, 2018- Modification to the Guidelines for Deductions and Deposits of TDS by the DDO
under GST as clarified in Circular No. 65/39/2018-DOR dated14.09.2018
On the recommendation of the Controller General of Accounts, the Department of
Revenue, hereby issues the following modifications to the said Circular:-
Para 9 (iv) should read as: To enable the DDOs to account for the TDS bunched together
(in terms of Option II), following sub-head related to the GST-TDS below the Head
8658.00.101-PAO Suspense has been opened.
Link
Modification to the Guidelines for Deductions and Deposits of TDS