Applicability of WCT TDS

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Applicability of WCT TDS
Query (Issue) Started By: - THYAGARAJAN KALYANASUNDARAM Dated:- 1-8-2017 Last Reply Date:- 2-8-2017 Goods and Services Tax - GST
Got 1 Reply
GST
Dear expert, As .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... per my understanding sec 51 of cgst/sgst act, which is replacement of Tds on works contract? If yes there are only 3 categories of person defined as 1. Central or state government. 2. Local authority .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 3. Government agencies. Whereas the 4th one will be notified by government on the recommendation by the council. So, other than these person no need to deduct tds on the works contract? Till 30th J .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... une 2017, our clients usually deduct tds on works contract @2% in case of civil nature and others @5% will be remitted to the respective authority. Whereas as per the GST the contract exceed rs. 2.5 l .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... akhs and the tds shall deduct at 1% and remit to the government. But now, not required to deduct since the 4th category of person not notified, am I correct sir? Thanks in advance. Reply By Himansu .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Sekhar Sha: The Reply: For the time being there will be no TDs as sec. 51 has not been implemented by not 9/17 or by 1/17.
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X