Notification No. 61/2018
Date: November 5, 2018
Subject: Exemption from TDS applicability on supplies between Public Sector Undertakings
Description:
A proviso is inserted to exclude supplies of goods or services or both between one public sector undertaking and another public sector undertaking from the applicability of TDS under section 51 of the CGST Act. The exemption applies irrespective of whether the PSUs are distinct persons.
Effective Date: 1st October, 2018
Previous Notification:
Notification No. 50/2018–Central Tax dated 13.09.2018