TMI BlogInterpretation of the term “a contract” - TDS applicability under section 51 of the GST Act - no...Interpretation of the term “a contract” - TDS applicability under section 51 of the GST Act - no contract or contract of continuous supply - In the first scenario, since the value of the single invoice is more than ₹ 2.5 lakh, there is no doubt that the tax deduction at source is applicable under section 51 subject to other conditions. In the second scenario, the applicant has clearly stated that the value of supply under a single invoice does not exceed ₹ 2.5 Lakhs and assuming that..... ..... X X X X Extracts X X X X X X X X Extracts X X X X
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