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NO TDS UNDER GST PSU TO PSU TRANSACTIONS

CBIC has released a notification dated 5.11.2018 vide which a new proviso has been inserted  that TDS under GST is not required to be deducted on Transactions between Public Sector Undertaking  to Public Sector Undertaking wef 01.10.2018.  From this new amendment government has clear its intend that Unlike Income Tax ,TDS under GST is only a Anti tax avoidance measure and not a...

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NO TDS UNDER GST PSU TO PSU TRANSACTIONS

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