Tag: TDS TCS under GST

GSTN new functionalities-Multiple amendments enabled in Table-4 of GSTR-8 and TCS facility extended for Composition taxpayers New functionalities made available for TCS and Composition taxpayers 1. Provision to make amendment, multiple times, in Table 4 of Form GSTR-8 (a) Earlier, if no action was taken on TCS details, …

TDS notifications not apply to conseravncy and waste management service to a municipality-AAR ABCAUS Case Law Citation: ABCAUS 3039 (2019) (06) AAR The Applicant was providing conservancy/solid waste management service to the Municipal Corporation (MC), which had been merged with another Municipal Corporation in terms of State Government …

Notification on TDS under GST provisions not applicable on exempt supplies–AAR. Applicant making exempt supply to Municipal Corporation was not covered  ABCAUS Case Law Citation: ABCAUS 3006 (2019) (06) AAR The Applicant was providing conservancy/solid waste management service to the Conservancy Department of the Municipal Corporation (MC) which …

Value of supply under GST not include TCS under Income Tax Act. CBIC clarifies and issues corrigendum to its Circular  Corrigendum to Circular No. 76/50/2018-GST F.No. 20/16/04/2018 -GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs GST Policy Wing New …

Extension of due date for furnishing GST TDS return FORM GSTR-7 for the month of January, 2019 till the 28th day of February, 2019. MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 8/2019–Central Tax New Delhi, the 8th February, 2019 G.S.R. 101(E).—In exercise of …

Extension of the time limit for furnishing GST TDS return FORM GSTR-7 u/s 51 of the CGST Act 2017 for the months of October, 2018 to December, 2018 till 28.02.2019 Government of India Ministry of Finance (Department of Revenue) Notification No. 07/2019 – Central Tax New Delhi, the 31st …

Correct valuation methodology for ascertainment of GST on TCS under the provisions of the Income Tax Act, 1961 The CBIC has issued Circular No. 76/50/2018-GST clarifying certain issues related to GST. The following clarification has been given on the subject: Question: What is the correct valuation methodology for ascertainment of …

GST TDS provisions applicable only to such authority, board etc. in which 51% or or more equity or control is with Government The CBIC has issued Circular No. 76/50/2018-GST clarifying certain issues related to GST. The following clarification has been given on the subject: Applicability of the provisions of section 51 …

Tea Board of India to collect tax at source from sellers (i.e. tea producers) and auctioneers on net value of supply of tea and on brokerage respectively Circular No. 74/48/2018-GST F. No. 20/16/04/2018- GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes …

Modification to GST TDS Guidelines for DDO to account for TDS bunched together. New sub-head GST-TDS created  Circular No. 67/41/2018-DOR F.No.S.31011/11/2018-ST-I-DoR Government of India Ministry of Finance Department of Revenue *** New Delhi, Dated the 28th September, 2018 To, 1. Secretaries of the Central Ministries as per list …