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CA Intermediate · Taxation · Tax Deduction at Source and Collection of Tax at Source

Which of the following is correct about the time limit for the deductor under GST to remit the tax deducted at source to the Government?

The deductor must deposit the tax deducted with the Government by the 10th day of the month following the month of deduction. The 20th is the date for monthly GSTR-3B of regular taxpayers and does not apply to TDS remittance.

  1. ABy the 10th of the month succeeding the month in which the deduction is madeCorrect
  2. BBy the 20th of the month succeeding the month in which the deduction is made
  3. CBy the last day of the month in which the deduction is made
  4. DBy the 15th of the month succeeding the month in which the deduction is made

Explanation

The deductor must pay the amount deducted to the Government by the 10th day of the month succeeding the month in which the deduction is made. The 20th is the GSTR-3B due date for regular taxpayers, so it is a wrong choice.

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