Tcs on jwelary purchase
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 October 2012
I here that seller will deduct TCS on Jwelary purchase above two lacs . is it true or not ?
23 October 2012
1% TCS as per section 206(1D) in case of -
i) bullion if the value exceeds Rs.2 Lakhs
ii)jewellery if the value exceeds Rs.5lakhs.
i) bullion if the value exceeds Rs.2 Lakhs
ii)jewellery if the value exceeds Rs.5lakhs.
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