Co-op society not liable to deduct TDS under GST: AAR

A co-operative society is not liable to deduct tax at source (TDS) from its vendors for supply of taxable goods and services, Rajasthan’s Authority for Advance Rulings (AAR) has said. Though AAR rulings are applicable only on the applicant and jurisdictional officer, they have a persuasive value in similar matters. Also, many recent circulars by the Central Board of Indirect Taxes and Customs (CBI…