Implementation Of TDS, TCS Provisions Under GST Act Deferred

The government has postponed the implementation of provisions relating to TDS and TCS of the CGST / SGST Act 2017.The Finance Ministry has informed that “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. The Finance Ministry has informed that “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 :- The provisions of Tax Deduction at Source and Tax Collection at Source will be brought into force from a date which will be communicated later. The persons who were liable to be registered under clause of Section 24 of the CGST / SGST Act, 2017 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.