1 A company purchases a car for buisness purposes, which sale value is more than Rs 36.00 L. 2 This sale consideration consists of Ex Show Room Price, Road Tax,Insurance, handling charges etc. 3 Dealer collects 1% TCS from EX-showroom price. 4 Query is: Whether the dealer needs to collect the TCS at 1 % on Ex-sowroom price or inclusive of all the charges as mentioned above
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