CMA Final · Indirect Tax Laws and Practice · TDS and TCS under GST
A notified deductor under GST deducted tax at source from a payment to a supplier on 20 September. By which date must the deductor deposit the amount with the Government?
The deposit is due by 10 October. GST TDS must be paid to the Government within ten days after the end of the month in which the deduction is made, so deduction in September makes 10 October the last date.
- A30 September
- B10 OctoberCorrect
- C20 October
- D15 October
Explanation
Tax deducted at source under GST must be paid to the Government within ten days after the end of the calendar month in which the deduction was made. Deduction in September means the due date is 10 October. 20 October is wrongly assuming the GSTR-3B timeline.
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