Exemption from TDS on supply between PSUs
CBIC has issued a notification dated 05.11.2018 to exempt supply from PSU to another PSU from applicability of provisions relating to TDS w.e.f. 01.10.2018. This implies that TDS provisions under GST would not be applicable on supply of goods or services from one PSU to another PSU (whether or not a distinct person) w.e.f. 01.10.2018.