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of <h1>Karnataka GST Act Amended: Transactions Between Public Sector Undertakings Exempted from TDS Provisions Effective October 2018.</h1> The Government of Karnataka has issued an amendment to the Karnataka Goods and Services Tax Act, 2017, exempting transactions between public sector undertakings (PSUs) from the applicability of Tax Deducted at Source (TDS) provisions. This exemption applies to the supply of goods or services or both between PSUs, effective from October 1, 2018. The amendment modifies the prior notification dated September 14, 2018. This change is enacted under the authority of the Karnataka GST Act, following recommendations from the Council, and is officially ordered by the Finance Department.
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