TCS RATE APPLICABLE
This query is : Resolved
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Gurvinder Singh
(Querist)
01 October 2024
Hello Sir,
Please advise, if there is any limit on bill amount on which we need to collect TCS or whatever the bill amount, TCS should be collected.
Also, advise the rate at which TCS to be levied on a bill.
The above is in reference to tour operators .
Is there any difference if the nature is outbound / inbound tours.
Thanks
Please advise, if there is any limit on bill amount on which we need to collect TCS or whatever the bill amount, TCS should be collected.
Also, advise the rate at which TCS to be levied on a bill.
The above is in reference to tour operators .
Is there any difference if the nature is outbound / inbound tours.
Thanks
Dhirajlal Rambhia
(Expert)
01 October 2024
Refer:: https://taxguru.in/income-tax/faqs-tcs-lrs-purchase-overseas-tour-program-package.html
Gurvinder Singh
(Querist)
02 October 2024
Thanks for your help, Mr. Rambhia
Dhirajlal Rambhia
(Expert)
03 October 2024
You are welcome.
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