CBIC issues guidelines for deductions and deposits of TDS by the DDO

CBIC issues guidelines to deduct tax by Govt. Agencies or any other person to be notified in this regard from payment made/ credited to the supplier of taxable goods / services where the total value of supply exceeds Rs. 2.50 lakhs under a contract; States that the amount deducted is to be paid to the Govt. within 10 days after the end of the month in which such deduction is made along with a return in FORM GSTR 7 and the deductor needs to issue a certificate mentioning there...