HC : Issues notice in writ challenging availability of TDS credit against GST levy in respect of works contract
Madras HC issues notice in writ challenging denial of credit of Tax deducted at source (TDS) against Goods & Service Tax (GST) in respect of ‘works contract’; Notes that the petitioner has to its credit TDS in respect of works contract executed by it for Metro Rail that it seeks to set off against GST levy; Observes that, order under challenge states that, transitional credit is available only against goods/services in stock as on June 30, that have suffered tax under...