Applicability of TCS on sales of vehicle from one authorized dealer to another authorized dealer as per instruction given by the principle manufacturer or without any margin.
Should TCS applicable or not?
CA. Vikash Jha (V S JHA & CO Partner) (76 Points)
07 February 2019Applicability of TCS on sales of vehicle from one authorized dealer to another authorized dealer as per instruction given by the principle manufacturer or without any margin.
Should TCS applicable or not?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160886 Points)
Replied 08 February 2019
If its sale.... TCS will apply.
If company reimburses the purchase value (no margin), TCS may not be charged.
CAclubindia
