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Wednesday, December 8, 2021

Revised Recruitment Exam Date by PGVCL (West Gujarat Power Company Limited).

Revised Recruitment Exam Date by PGVCL (West Gujarat Power Company Limited).

Electrical Assistant (Junior Engineer-Electrical)

 Electrical Assistant (Junior Engineer-Civil)

Madhya Gujarat Vij Company Limited is an ISO 9001:2008 certified leading Power Distribution Company in Gujarat, which distributes electricity in the central area of Gujarat. Mission is to provide uninterrupted supply and is committed to Distribute and maintain reliable Electric Power, Satisfy all its Customer through Excellence in service by way of Safe and Sturdy Distribution Network with Dedication to Continual Improvement in all sphere of Activities

As you may be aware the Central Government by Finance Act, 2021 has widened the scope of Tax Deduction at Source (ie TDS) with effect from July 1 2021 by introducing section 194Q with respect to purchase of goods. Further, the second proviso to Section 206C(1H) of the Income Tax Act, 1961 (‘the Act’) states that if a buyer is liable to deduct tax at source under any other provision of this Act on the goods purchased by him from the seller and has deducted such amount, then the provisions of Sec 206(1H) is not applicable. Thus, provisions of Section 194Q and the provisions of Section 206C(1H) are mutually exclusive.

In view of the above, request you to provide us the information on or before June 25, 2021 which will help MGVCL in determining applicability of Tax Collected at Source (TCS) on our invoices from July 1, 2021.

We look forward to your continued support.

After providing your input, we appreciate your acknowledgement.

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