No TDS on GST component of service remuneration clarifies CBDT

CBDT clarifies that 'GST on services' not to be included while making TDS on remuneration of such services whenever in terms of agreement/contract between payer and payee, such GST component is separately indicated; Further clarifies that GST for this purpose includes Integrated Goods and Services Tax, Central Goods and Services Tax, State Goods and Services Tax and Union Territory Goods and Services Tax; Refers to earlier circular No. 1 of 2004 which gave simi...