The GSTN (Goods and Services Tax Network) will soon allow metal scrap dealers to register for TDS (Tax Deducted at Source) under section 51 of the GST Act. View more 11th October 2024 GSTN has been enabled in four new states Odisha, Kerala, Nagaland, and Telangana, for the verification...
The GSTN will soon enable metal scrap dealers to register for Tax Deducted at Source (TDS) under Section 51 of the GST Act. The GSTN department has issued a significant advisory regarding the automatic population of eligible input tax credit (ITC) for domestic supplies in GSTR-9/9C. Starti...
Persons who are required to deduct tax under section 51, whether or not separately registered under this Act Persons who make taxable supply of goods or services or both on behalf of other taxable persons, whether as an agent or otherwise Input Service Distributor, whether or not separately regi...
So, to help the readers understand everything more about Section 248 (5) of the Companies Act 2013 or Section 560 of the Companies Act, 1956, we have written this new article: All about MCA Struck-Off Companies in 5 Questions. Another article that we covered in April is Form RFD-11: ...
According to section 2(6) of CGST Act-2017, any supply of services shall be conside Read More 01 Jan 1970Posted By: E-StartupIndia No due date extension to file GST returns for input credit? One of the most irking issues since the onset of the GST regime in India is availing the...
Per the provision of section 51 (1) of the Central GST (CGST) act, tax deduction isn't required when the location of the supplier and the place of supply differ from the state of registration of the recipient. The following table shows the location of the supplier and the supplies,...
persons who are required to deduct tax under section 51, whether or not separately registered under this Act; persons who make taxable supply of goods or services or both on behalf of other taxable persons whether as an agent or otherwise; ...
Section 51 of the Central Goods and Services Tax Act, 2017 includes the plan narrating tax deduction under GST. As per the plans, the subsequent divisions of the individual is applicable to deduct TDS (i.e. following classifications of individuals are TDS deductor A department/ establishment of...
As per Section 51 of CGST Act, recipient of goods and services shall deduct TDS of 2% on payment amount where contract amount exceeds INR 250000. The recipient will issue a certificate for the tax amount deducted against the payment made for contract to supplier. Recipient will pay t...
As per section 7(1)(a) of CGST Act 2017, Supply is something that satisfies the following conditions: It must be for a consideration It must be made by an individual It must be in the course of or in furtherance of business. Now clearly, all Educational services that are provided for ...