TDS under GST

TDS is be deducted @2% if contract value is more than 2.50 lakhs. The contract value is computedexcluding GST.
As per notification No.50/2018-Central Tax, dt. 13-09-2018 the TDS will be effective from 1.10.2018

TDS, Tax deducted at source is a means to collect tax for Government

TDS under GST law-Who is liable to deduct
Following are liable
a) Department or establishment of the Central or State Government, or

(b) Local authority, or

(c) Governmental agencies, or

(d) such persons or category of persons as may be notified, by the Central or a State Government on the recommendations of the Council.

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