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Tds vs vat

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(Querist)
31 May 2013 is there any difference between the methodology of collecting tax under VAT and TCS? if yes, what is the difference?
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
16 June 2013 Methodology is same. TCS is direct tax comes under Income tax & VAT is indirect tax comes under Local VAT
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