Press
Information Bureau
Government of India
Ministry of Finance
26-June-2017
16:21 IST
Postponement
of provision relating to TDS (Section 51) and TCS ( Section 52) of the CGST /
SGST Act 2017
With the
objective of ensuring smooth rollout of GST and taking into account the
feedback received from the trade and industry regarding the provisions of
deduction of tax at Source under Section 51 of the CGST / SGST Act 2017 and
collection of tax at source under Section 52 of the CGST / SGST Act 2017, the
following has been decided :-
1. The
provisions of Tax Deduction at Source (Section 51 of the CGST / SGST Act 2017)
and Tax Collection at Source (Section 52 of the CGST/SGST Act, 2017) will be
brought into force from a date which will be communicated later.
2.
Persons who will be liable to deduct or collect tax at source will be required
to take registration, but the liability to deduct or collect tax will arise
from the date the respective sections are brought in force.
3. The
persons who were liable to be registered under clause (ix) of Section 24 of the
CGST / SGST Act, 2017 (as they were supplying goods or services through
electronic commerce operator who is required to collect tax at source under
Section 52) will not be liable to register till the provision of Tax Collection
at Source is brought under force. In other words, persons supplying goods or
services through electronic commerce operator liable to collect tax at source
would not be required to obtain registration immediately, unless they are so
liable under Section 22 or any other category specified under Section 24 of the
CGST / SGST Act, 2017 .
This
step has been taken to provide more time for persons liable to deduct tax at
source / E-Commerce Companies and their suppliers to prepare for the historic
tax reform.
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