Knowledge Center

We believe in sharing our knowledge


Indirect Consultant
Author: CA Pratik Mehta
Posted On: Friday 19 October 2018

Tags: TDS tds deduction under gst tds rate in gst tds under gst tds compliance
"The concept of TDS was initially introduced in the Income Tax Act and TDS has now been introduced in GST as well. The purpose of introduction of TDS on GST is only to enable the government  to have a trail of transactions and to monitor and verify the compliance.
It acts as a powerful instrument to prevent tax evasion and expands the tax net, as it provides for the creation of an audit trail.
Just like in the Income Tax Act, the person deducting the TDS is required to deposit the TDS with the Govt and issue Form 16 or Form 16A, similarly under GST Act as well, the person deducting the TDS would be required to deposit the same with the Government  by the 10th of the next month and issue Form GSTR 7A to the person whose TDS has been deducted.
As per Notification No.50/2018- Central Tax , 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 .
To elaborate we have also explained briefly in a pictorial form and link of the same is given below:
Please feel free to write to us on / for further queries on the above blog.


Tag Cloud



Head Office, Mumbai (India)

D-613/614, Neelkanth Business Park, Opp. Railway Station, Vidyavihar(W), Near Ghatkopar, Mumbai 400 086.

Branch Office, Roha (India)

Office no. 3, Nirlon Complex, Behind Hotel Trimurti, Roha-Kolad Road, Roha- Raigad Pin. 402 116.

Branch Office, Al Khobar (Kingdom Of Saudi Arabia)

2987 Tariq Biz Ziad Road Qurtoba, Al Khobar 34236 7026 Saudi Arabia.

Talk to Us

India #: +91 9833 777 556
India #: +91 9930 294 287
Saudi Arabia #: +966 5922 30132
What's App #: +91 9833 777 556