TCS on Sale of Goods

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This discussion addresses the correct section to use in Challan 281 for Tax Collected at Source (TCS) on the sale of goods, effective from 01.10.20. Users are seeking clarification as Section 206C(1H) is not directly available. Suggestions include using section 6CP or 206CR for sale of goods, even if the challan display is not perfectly updated. It's advised to pay the TCS to avoid late payment interest and rectify the section during the return filing if necessary.

S SHAH

S SHAH (Querist)
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02 November 2020 in Challan 281 , which section is to be selected for TCS on sale of goods wef 01.10.20.
Section 206C(1H) is not available in challan 281.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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03 November 2020 Select 6CI and file TCS return with Section 206C(1H) it will be accepted.

S SHAH

S SHAH (Querist)
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05 November 2020 I m asking about code in challan 281. There is no code like 6CI.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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05 November 2020 It's there check it again I have taken it from challan 281 only.

S SHAH

S SHAH (Querist)
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06 November 2020 But against 6CI it is showing Tendu leaves.So how can we pay tcs on sale of goods in this section?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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06 November 2020 Challan is not updated so pay it to avoid late payment interest.
It's not a problem later return can be filed under right section which is allowed.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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06 November 2020 Use 6CP it's for sale of goods.