Tcs - on coal
Querist : Anonymous
Sir/Madam , is TCS applicable on the gorss amount ie (Price + Vat )+ 1%
TIMBER RS 50000.00
ADD:-TCS 2.5% 1250.00
----------
TOTAL 51250.00
ADD:-VAT 4% 2050.00
-----------
TOTAL 53300.00
Querist : Anonymous
Thanks for your reply,
in this scenario the vat payable being boosted.
else can it be like this
Bill (amt + Vat )+ TCS
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