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Tcs on cash sales

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31 May 2016 I am purchasing motor vehicle it cost around 4 lakhs, I paid to the dealer Rs 50,000/- remaining by cheque , can I liable to pay TCS 1? on total consideration of 4 Lakhs. my doubt is 2 lakhs limit is belongs to sale /service consideration or cash payment threshold limit. please clarify.

31 May 2016 yes for purchase limit is Rs. 2 Lacs but for motor vehicle limit is Rs. 10 lacs.



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