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of <h1>Maharashtra Amends GST Rules: Exempts PSU Transactions from TDS Requirements Effective October 2018, per Notification No. 61/2018.</h1> The Government of Maharashtra has amended Notification No. 50/2018-State Tax to exempt the supply of goods or services between public sector undertakings (PSUs) from the applicability of Tax Deducted at Source (TDS) provisions under the Maharashtra Goods and Services Tax Act, 2017. This amendment, effective from October 1, 2018, was made following recommendations from the Council and is detailed in Notification No. 61/2018-State Tax. The amendment aims to streamline transactions between PSUs by removing TDS requirements.
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