Amendment Sec 206C

A & B are authorised dealers. A is purchased package tour from B then B will collect the TCS as per amendment to sec 206C

My question is, after purchase of package tour from B, A will sell this package tour some customer then is A liable to collect TCS are not ?
Replies (2)
Quick Summary
This discussion clarifies the Tax Collected at Source (TCS) obligations for authorised dealers under Section 206C, specifically concerning package tours. It addresses a scenario where Dealer A purchases a package tour from Dealer B and subsequently resells it to a customer. The core question is whether Dealer A is liable to collect TCS when reselling the tour, even after Dealer B has already collected it. The aim is to understand the specific rules for authorised dealers in such a chain of transactions.

Any authorised dealer received an amount or an aggregate of amounts of 7 lakh or more in a financial year for remittance out of India under the scheme is required to deduct 5% TCS. In cases where such remittances not supported by PAN or Aadhaar the TCS rate would be 10%.

 

This is not my question i am asking if there are two authorised dealers

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