Tax can be both collected and deducted at source (TCS and TDS respectively) in the Indian Taxation System. TDS and TCS have impacted various sectors under GST, which will be discussed below. This ...

Both TDS and TCS were kept in abeyance as the government wanted the newly launched GST, which was launched on July 01, 2017, to settle down.

TDS, TCS for GST kick-in from October 1: Deduction, registration, compliance, challenges – All you need to know The GST law requires TDS to be deducted by certain specified Government bodies ...

As per the Central GST (CGST) Act, the notified entities are required to collect TDS at 1 per cent on payments to goods or services suppliers in excess of Rs 2.5 lakh.

The GST registrations for entities mandated to collect and deduct tax at source will start from 18 September; the date from which TDS or TCS is to be done will be notified later ...

New Delhi: With just 4-days left for GST rollout, the government has deferred implementation of TDS and TCS provisions as well as exempted from registration small businesses selling on ecommerce ...

TDS/TCS provisions under GST to come into effect from Oct 1 E-commerce companies will now be required to collect up to 1 per cent TCS while making any payment to suppliers under the Goods and ...

The government has notified October 1 as the date for implementing the tax deducted at source (TDS) and tax collected at source (TCS) provisions under GST law.

Following industry demands, the government in June had decided to defer the TDS and TCS provision for smooth rollout of GST.

New Delhi, Sep 13 () The government has notified October 1 as the date for implementing the tax deducted at source (TDS) and tax collected at source (TCS) provisions under GST law. New Delhi, Sep ...