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Tcs query

This query is : Resolved 
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(Querist)
04 June 2016 Dear Sir / Madam

Is tcs applicable on price of motor vehicle between Rs. 2 Lac to Rs.10 Lac ?

Pls tell me the complete details about provision of " Sale of goods & services is more than Rs. 2 Lac in cash". Is motor vehicle covered or not in this provision?

(Rohit Madaan)
+91-9017178701
email : rohitmadaan20@gmail.com
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JUGAL PATEL

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JUGAL PATEL (Expert)
04 June 2016 No as there is specific section for motor vehicle for which limiot is greater then 10 lakhs so TCS is not applicable on motor vehicle valuing less then 10 lak including VAT

Regards,
CA JUGAL PATEL
9711118662
cajugalpatel@gmail.com
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