Finally ‘GST TDS/ TCS’ Applicable from 1 Oct. 2018 under CGST Sections 51/ 52: CBIC

Finally ‘GST TDS/ TCS’ Applicable from 1 Oct. 2018 under CGST Sections 51/ 52: CBIC

After deferment on various occasions, finally the CBIC has notified that the provisions relating to ‘GST TDS/ TCS’ under Sections 51/ 52 of the CGST Act, 2017 respectively, shall be applicable w.e.f. 1 Oct. 2018. In this regard, it may be noted that earlier Implementation of GST TDS/ TCS Provisions was Deferred upto 30 Sept. 2018.

GST TDS Provisions Effective from 1 Oct. 2018 (CGST Section 51) :CBIC Notification No. 50/2018 Central Tax dt. 13 Sept. 2018

G.S.R. …..(E).— In exercise of the powers conferred by sub-section (3) of section 1 of the Central Goods and Services Tax Act, 2017 (12 of 2017) and in supersession of the notification of the Government of India in the Ministry of Finance, Department of Revenue No. 33/2017-Central Tax, dated the 15th September, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 1163 (E), dated the 15th September, 2017, except as respects things done or omitted to be done before such supersession, the Central Government hereby appoints the 1st day of October, 2018, as the date on which the provisions of section 51 of the said Act shall come into force with respect to persons specified under clauses (a), (b) and (c) of sub-section (1) of section 51 of the said Act and the persons specified below under clause (d) of sub-section (1) of section 51 of the said Act, namely:-

(a) an authority or a board or any other body, –

(i) set up by an Act of Parliament or a State Legislature; or

(ii) established by any Government, with fifty-one per cent. or more participation by way of equity or control, to carry out any function;

(b) Society established by the Central Government or the State Government or a Local Authority under the Societies Registration Act, 1860 (21 of 1860);

(c) public sector undertakings.

GST TCS Provisions Effective from 1 Oct. 2018 (CGST Section 52) : CBIC Notification No. 51/2018 Central Tax dt. 13 Sept. 2018

G.S.R. …..(E).— In exercise of the powers conferred by sub-section (3) of section 1 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereinafter referred to as the said Act), the Central Government hereby appoints the 1st day of October, 2018, as the date on which the provisions of section 52 of the said Act shall come into force.

Related Posts: 

PSU to PSU Supplies Exempt from GST TDS: CBIC Notification No. 61/2018 Central Tax (CGST) dt. 5 Nov. 2018

Guidelines for Deduction/ Deposit of ‘GST TDS’ by DDO: CBIC Circular

GST TDS/ TCS Provisions Implementation Deferred upto 30 Sept. 2018: CBIC

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  1. S NARASIMHAN
  2. SUKHAMAY MAJUMDAR

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