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1% TCS from EX-showroom price

This query is : Resolved 

18 August 2023 Dear Experts,

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

18 August 2023 TCS Applicable on ex showroom price @ 1 %.


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