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of <h1>Gujarat amends GST Act to exempt PSU transactions from TDS, effective October 1, 2018. Notification No. 61/2018.</h1> The Government of Gujarat, under the Gujarat Goods and Services Tax Act, 2017, has amended a previous notification to exempt transactions between public sector undertakings (PSUs) from Tax Deducted at Source (TDS). This exemption applies to the supply of goods or services between PSUs, effective from October 1, 2018. The amendment was made following recommendations from the Council and is formalized under Notification No. 61/2018-State Tax, issued by the Finance Department on November 5, 2018.
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