Goods and Services Tax : The Goods and Services Tax (GST) regime has been in effect for several years now, and while it has simplified the indirect tax lan...
Goods and Services Tax : Section 51 of GST mandates TDS deduction by government entities and PSUs for contracts over ₹2.5 lakh, excluding GST, with rates...
Goods and Services Tax : अधिसूचना 25/2024 के अनुसार धातु स्क्रैप पर GST TDS की समीक�...
Goods and Services Tax : Learn about the TDS provisions under GST for metal scrap, applicable from October 2024, covering thresholds, rates, and filing req...
Goods and Services Tax : From Oct 2024, 2% TDS on metal scrap transactions exceeding ₹2.5 lakh under GST. Registration and return filing requirements int...
Goods and Services Tax : Explore the key recommendations made by the GST Council during its 54th meeting, including changes in GST rates, GoM formations, a...
Goods and Services Tax : In view of the challenges faced by taxpayers in meeting the statutory and regulatory compliances under Goods & Services Tax (GST) ...
Goods and Services Tax : Jharkhand High Court held that denying migration of unadjusted TDS amount under JVAT Act (Jharkhand Value Added Tax Act) to JGST (...
Goods and Services Tax : AAAR hold that the impugned services of the renting out of immovable properties provided by the Appellant to the Social Justice De...
Goods and Services Tax : TDS is not required to be deducted on payment made to the supplier of taxable goods or services or both, only when the value of su...
Goods and Services Tax : In re Vinayak Singh (GST AAR West Bengal) GST not payable on supply of services of lifting/ removing of garbage accumulated from v...
Goods and Services Tax : In re Uttarakhand Purv Sainik Kalyan Nigam Ltd. (GST AAR Uttarakhand) On perusal of legal provisions of Section 51 of CGST Act, 2...
Goods and Services Tax : CBIC extends the GSTR-7 filing deadline for TDS deductors under GST Act and Rules for December 2024 to January 12, 2025....
Goods and Services Tax : Learn how to report TDS deducted by scrap dealers in October 2024 under GST. Consolidate amounts in the November 2024 GSTR-7 retur...
Goods and Services Tax : Notification 25/2024 mandates compliance for businesses dealing with metal scrap under GST. GST portal update will enable registra...
Goods and Services Tax : Ministry of Finance amends GST notification, exempting metal scrap suppliers from provisions of notification No. 5/2017-Central Ta...
Goods and Services Tax : The Ministry of Finance amends GST notification, exempting metal scrap suppliers from provisions of notification No. 5/2017-Centra...
Deduction of taxes at source has been an integral part in the history of Indian Income Tax. However the concept of TDS has also been incorporated in the GST Act(s). The basic concept remains the same that is withholding a certain percentage of amount as tax before paying the contract value to the supplier in […]
