TDS/ TCS under GST Applicable from 01/10/2018 (CGST Section 51/ 52): CBIC

CBIC has notified that the provisions of Section 51 (TDS) and Section 52 (TCS) of the CGST Act 2017, i.e. TDS/ TCS under GST, shall be finally applicable from 01/10/2018. It may be noted that earlier CBIC had deferred implementation of GST TDS/ TCS Provisions upto 30/09/2018.

CBIC Central Tax Notification 51/2018 dt. 13/09/2018: TCS under GST Applicable from 01/10/2018 (Section 52 of the CGST Act 2017)

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 01/10/2018, as the date on which the provisions of section 52 of the said Act shall come into force.

CBIC Central Tax Notification 50/2018 dt. 13/09/2018: TDS under GST Applicable from 01/10/2018 (Section 51 of the CGST Act 2017)

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 supercession of the notification of the Government of India in the Ministry of Finance, Department of Revenue No. 33/2017 Central Tax, dated 15/09/2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 1163(E), dated 15/09/2017, except as respects things done or omitted to be done before such supersession, the Central Government hereby appoints 01/10/2018, 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.

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