Tax Deductor under GST

What is Tax Deductor under GST

 

The details about Tax Deductor are explained here. 

Tax Deductor Under GST:

Deductor means the person responsible for making the payment to vendor for the supplies obtained for.

Under the GST regime, section 51 of the CGST Act, 2017 prescribes the authority and procedure for ‘Tax Deduction at Source’. The Government may order the following persons (the deductor) to deduct tax at source:

  1. A department or an establishment of the Central Government or State Government; or
  2. Local authority; or
  3. Governmental agencies; or
  4. Such persons or category of persons as may be notified by the Government on the recommendations of the Council

Registration of TDS deductors:

A TDS deductor has to compulsorily register without any threshold limit. The deductor has a privilege of obtaining registration under GST without requiring PAN. He can obtain registration using his Tax Deduction and Collection Account Number (TAN) issued under the Income Tax Act, 1961.

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