WebApr 15, 2024 · 1. TDS under GST will be applicable from 1st October 2024. Major Heads of Taxes under GST are CGST, SGST & IGST .In addition, as per the GST law, certain … WebFeb 8, 2024 · Tax Deducted at Source (TDS) under Goods and Service Tax. Under the GST regime, we have the basic 3 components of taxes. – CGST, SGST and IGST. As per the GST law, certain notified registered persons will be required to deduct these taxes … The purpose of inserting the TDS provision under GST (Section 51 of the CGST … GSTR-7 is a return filed by the individual who deducts TDS under GST. GSTR-7 …
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WebApr 13, 2024 · Section: Nature of Payment: Threshold: Indv / HUF: Others: Rs. TDS Rate (%) 192: Salaries: ... GST inspector-turned-model under ED Scanner in Rs.64cr TDS scam. February 13, 2024 0 Comments. Budget, TDS. Union Budget 2024: TDS and taxability on net winnings from online games. February 9, 2024 0 Comments. WebOct 20, 2024 · The registered taxpayers who deduct the TDS under section 37 of GST rules are required to file TDS return form in the GSTR 7. According to the Notification No. … log into wordpress site
Tax Deducted at Source (TDS) under Goods and Service …
WebTDS @ 2% is required to be deducted on payment made to the supplier of taxable goods or services of both where the value of such supply under a contract exceeds Rs. 2.5 Lakhs. … WebAug 1, 2024 · GSTR 7 is a monthly return that is required to be filed by the deductors who are required to deduct TDS under GST. Such a return consists of the details regarding: tax deducted at source, the liability towards TDS, TDS Refund claimed if any Interest, late fees etc. paid or payable What is GSTR-7A? WebNov 4, 2024 · TDS Rate for Contractors under Section 194C of the Income Tax Act 1% where a payment is made or credit is extended to an individual or a HUF. 2% wherever the payment or credit is to be made to another entity. If PAN is not specified in the preceding cases, the TDS rate will be 20%. log into words with friends on facebook