Bihar exempt supply from PSU to PSU from applicability of provisions relating to TDS

Nov 21, 2018 | by Avantis RegTech Legal Research Team

The Government of Bihar on November 05, 2018 has exempted Public Sector Undertaking (PSU) from applicability of provisions relating to Tax Deducted at Source (TDS) if supply has been from one PSU to another PSU.

The Government of Bihar made amendments in the Notification No. S.O.238 dated September 13, 2018 by inserting the following proviso, namely:

 “Provided further that nothing in this notification shall apply to the supply of goods or services or both from a public sector undertaking to another public sector undertaking, whether or not a distinct person, with effect from the 1st day of October, 2018.” .

[S.O. 269]




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