CBIC defers GST provisions on TDS or TCS till 30 September 2018

CBIC defers GST provisions on TDS or TCS till 30 September 2018 Yesterday CBIC issued Official Notification No. 12/2018 Central Tax (Rate) f

CA Deepak Gupta

Jun 30, 2018

Last update on Jun 30, 2018

CBIC defers GST provisions on TDS or TCS till 30 September 2018 Yesterday CBIC issued Official Notification No. 12/2018 Central Tax (Rate) for Extension of RCM till 30th September 2018but in that notification no where it was mentioned that whether TDS and TCS provisions are also extended or not. Later on department has issued a press release where it has mentioned that provisions relating to tax deduction at source (TDS) and collection of tax at source (TCS) also extended till 30.09.2018. Below is Press Release.

Press Release 29th June, 2018

Extension of suspension of provisions relating to tax deduction at source (TDS) and collection of tax at source (TCS) till 30.09.2018 The competent authority has decided that the provisions of sections 51 and 52 of the Central Goods and Services Tax Act, 2017 relating to tax deduction at source (TDS) and collection of tax at source (TCS) respectively, shall remain suspended till 30.09.2018.

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