Tcs on goods and services
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 June 2016
Dear experts,
If a tractor retailer sells tractor for invoice value of Rs. 6 lac out of which Rs. 4.5 lacs were financed and Rs. 1.5 lac were paid in cash by the purchaser in installments whether TCS @ 1% will be applicable?
If a tractor retailer sells tractor for invoice value of Rs. 6 lac out of which Rs. 4.5 lacs were financed and Rs. 1.5 lac were paid in cash by the purchaser in installments whether TCS @ 1% will be applicable?
Rupesh Jain
(Expert)
23 June 2016
tcs will applicable on your case.
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