Home ECONOMY Centre postpones provision relating to TDS, TCS under GST

Centre postpones provision relating to TDS, TCS under GST

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New Delhi: The government has postponed the provision relating to Tax Deduction at Source and Tax Collection at Source under the GST, ahead of its July 1 roll-out.

This has been done to provide more time for persons liable to deduct tax at source and e-commerce companies and their suppliers to prepare for the historic tax reform. (IANS)