TDS exemption for inter-PSU supplies removes TDS obligations on supplies between public sector undertakings under the GST notification. The Karnataka government inserted a proviso excluding supplies of goods or services from one public sector undertaking to another public sector undertaking, whether or not distinct persons, from the applicability of the notification governing tax deduction at source, thereby narrowing the notification's scope for inter-PSU transactions.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
TDS exemption for inter-PSU supplies removes TDS obligations on supplies between public sector undertakings under the GST notification.
The Karnataka government inserted a proviso excluding supplies of goods or services from one public sector undertaking to another public sector undertaking, whether or not distinct persons, from the applicability of the notification governing tax deduction at source, thereby narrowing the notification's scope for inter-PSU transactions.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
