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    <title>Modification of Circular No.1 of 2014 in view of substitution of Service Tax by Goods and Services Tax (GST)</title>
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    <description>Where the component of GST on services is separately indicated in the agreement or invoice, TDS under Chapter XVII B shall be computed on the amount payable excluding that GST component; GST for this purpose includes IGST, CGST, SGST and UTGST. References to &#039;service tax&#039; in contracts made prior to the tax regime change shall be treated as references to GST on services for the post-changeover period until the contract expires.</description>
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      <title>Modification of Circular No.1 of 2014 in view of substitution of Service Tax by Goods and Services Tax (GST)</title>
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      <description>Where the component of GST on services is separately indicated in the agreement or invoice, TDS under Chapter XVII B shall be computed on the amount payable excluding that GST component; GST for this purpose includes IGST, CGST, SGST and UTGST. References to &#039;service tax&#039; in contracts made prior to the tax regime change shall be treated as references to GST on services for the post-changeover period until the contract expires.</description>
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