1. GSTR-7A AT A GLANCE

GSTR 7A is a GST form for all the tax deduct who had deducted the TDS i.e. tax deducted at source from the payments made and this form is auto-populated at the return filing of the GSTR- 7 Form on the official government portal. The form must include all the details of tax deducted at source by the supplier of the products. Also when the deduct pays the amount of tax deducted at source, it is bound to be reflected in the credit ledger of the director. The whole concept of GSTR 7A form is to mention TDS returns within the transaction. The GSTR-7A gone live on the official GST Portal for all the TDS deduct.

2. Who are required to deduct TDS?

All the suppliers who deduct the taxes on the source will have to obtain the GSTR 7A TDS certificate.

3. What are the details to be furnished while filing GSTR-7A?

1. TDS Certificate No.
2. GSTIN of TDS Deductor
3. Name of the Taxable person / Contractor:
4. GSTIN of Contractor (Supplier)
5. Assessment Circle / Ward
6. Tax Period for which GSTR 7 is filed
7. GSTIN of Deductee
8. Contract Details
9. Invoice Details Date of TDS, IGST
10. Payment Value on which TDS deducted

4. Preconditions for generation of TDS:

The precondition for generation of TDS certificate is that the deductor furnishes a return in Form GSTR-7A on the GST Portal and the deductee accepts the uploaded details by the deductor and files the return.