TDS under GST

  1. SGST to be recovered at the preexisting VAT rate from Contract payments as per EIC(B) order dt 7.07.2017
  2. GST recovery to be directly remitted into Government Accounts through GST portal as per Commissioner of Treasuries & Accounts Letter Rc. No. 55640/2016/E1, Dated: 31.07.2017
  3. TDS on GST not to be recovered until notification and procedures to be followed mentioned in Addl. Chief Scretary to Govt. of TN(FAC), Commercial Taxes and Registration Dept., D.O.Letter No. 8678/B1/2017 Dated:02.08.2017 (Courtesy to Shri. Balasubramoniam, SrDAO)
  4. CGST(Intra State) TDS at the rate of 1% to be recovered from future date as per section 51 of CGST Act
  5. Separate GST registration is compulsory for TDS deducter as per section 24(vi) of above act.
  6. CGST tds notification, dated: 15.9.2017 under section 51 of above act
  7.  Tamilnadu SGST(Intra State) TDS at the rate of 1% to be recovered from future date as per section 51 of Tamilnadu SGST Act
  8. Separate GST registration is compulsory for TDS deductor as per section 24(vi) of above act
  9. SGST tds notification, Dated: 15.9.2017 under section 51 of above act.
  10. IGST(Inter State) TDS at the rate of 2% to be recovered from future date as per section 20 of IGST Act
  11. Separate GST registration is compulsory for TDS deductor as per section 20 of above act
  12. Notification issued under CGST Act applies to IGST Act as per section 20 of above act
  13. CGST TDS to be deducted wef 1-10-2018 as per GST TDS Notification 50 dt 13-9-2018
  14. TNSGST to be deducted wef 1-10-2018 as per TNGST TDS Notification dt 12-9-2018
  15. GST TDS procedure described in GO(Ms) No: 342 Fin [T & A III] Dept dt 17_10_2018
  16. GST TDS instruction in EIC(B) lr no: LC1/TDS-GST/ 2018, dt 17_10_2018