Dear Sirs, Please clarify, we are selling goods to Govt. Company, ours is registered PVT LTD., & registered under GST. In this transaction TDS is applicable or not. Thanks Venu Prasad
A department or an establishment of the Central Government or State Government; or
Local authority; or
Governmental agencies; or
Such persons or category of persons as may be notified by the Government.
An authority or a board or any other body which has been set up by Parliament or a State Legislature or by a government, with 51% equity ( control) owned by the government.
A society established by the Central or any State Government or a Local Authority and the society is registered under the Societies Registration Act, 1860.
Public sector undertakings. above were notified till date Hence TDS is applicable
As per section 51 cgst : Tds is applicable when taxable supply is made to Govt & the value of per contact is more than 2.5 k. The Govt is liable to ded. tds @ 2%