TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Section 196: Transitional Rule Prevents Double Tax Deduction for Pre-GST Invoices Under New GST Law</h1> Section 196 of the Model GST Law addresses transitional provisions for the deduction of tax at source. It stipulates that if a supplier has sold goods requiring tax deduction at source under previous legislation and issued an invoice before the appointed day, no tax deduction at source under section 46 will occur for payments made to the supplier on or after the appointed day. This provision ensures a smooth transition from the earlier tax law to the new GST framework, preventing double deductions for transactions straddling the implementation date.
TaxTMI 
TaxTMI 
