Achi news desk-
Drawing and Paying Officers of Government Departments have been trained regarding GST-TDS deduction in Mongli district. During this, the Collector informed all officers about the deduction of GST-TDS to avoid loss of revenue received from GST to the government.
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Collector Rahul Dev said that in accordance with the provisions of the Central and State Goods and Services Tax Act, there is a provision for withholding tax on purchases of materials made by departments and payments made to suppliers and contractors on receipt of services. Recovery action will be taken even if no GST-TDS is deducted.
TAN number is mandatory for registration
The Collector said that all government departments and local authorities should be registered as source-deductible under GST. For this purpose it is necessary to have a TAN number. In the bill presented for payment for the supply of goods and services, it must be verified that the GSTIN given by the supplier is currently active and valid.
He also guided the local bodies regarding deduction of GST-TDS. Assistant Commissioner GST Bilaspur Sukhna Ram Bhagat gave detailed information regarding the process and registration of GST-TDS deduction.
He said that if any DDO pays more than Rs 2.50 lakh for any taxable good or service, deduction at source should be made at the rate of 2 per cent. Doubts related to GST-TDS were also resolved in the training
Buy only from companies that have a GSTIN number
District Finance Officer Mahendra Kumar Pandey said departments should avail services and purchase materials only from companies having GSTIN number. Return of VAT by the 10th of the month following the deduction of GST-TDS on the quantity of materials, machine tools, furniture, stationery or any other item purchased by government departments, construction works and contracts and any type of services to be shown in R -7.
The limit of Rs 2.5 lakh prescribed for deduction of VAT at source by a supplier of goods or services should not be breached by apportioning the amount in different accounts against the same purchase order or service during a financial year. To check the validity of the GSTIN number issued by the supplier , visit gst.gov.in.
District Panchayat Chief Executive Officer Prabhakar Pandey, Deputy Collector Ajay Chas, Heads of Offices of all Departments and Drawing and Disbursing Officers of the offices were present on this occasion.
