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Tcs on sale of vehicles

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Querist : Anonymous

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Querist : Anonymous (Querist)
26 April 2018 Dear Sir,

Is TCS to be collected on Sale Consideration Includes GST.
i.e., on Invoice Amount.

Thanks & Regards
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Expert : Anonymous

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Expert : Anonymous (Expert)
26 April 2018 Yes... Including GST.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
26 April 2018 TCS should be made on gross value of purchases (inclusive of GST). the reason
being it is due on the amount payable by the buyer as stated in the act and not on
purchase cost.




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