Section 194Q – TDS to be applicable from 1 July 2021 on sale of goods exceeding Rs 50 Lakhs
TDS to be applicable from 1 July 2021 on sale of goods exceeding Rs 50 Lakhs at the rate of 0.1% on a sum exceeding Rs 50 Lakhs.
Can a supplier seek advance ruling for TDS applicability u/s 51?
Section 97 of CGST Act provides an exhaustive list of matters in relation to which advance ruling can be sought.