Cash sale of goods
This query is : Resolved
08 April 2017
Sir I want to know that if we sale goods to same customer about 10 times in one financial year but the every time invoice value is rs.1,00,000 show the whole transaction value in one financial year is 10,00,000rs. And the customer paid the whole amount in cash, show in this case the T. C. S is charged or not because the individual invoice amount is less than 2,00,000rs.
08 April 2017
No TCS applicable in view of each invoice value less than Rs 2 Lacs.
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