deduction of tcs in case of car value exceeds Rs.10 lakhs

224 views 9 replies
when to deduct tcs on car sale by car dealer when sale value is Rs. 10 lakhs or more
I.e. before charging get or after charging gst
Replies (9)
Originally posted by : Aakash Gupta
when to deduct tcs on car sale by car dealer when sale value is Rs. 10 lakhs or moreI.e. before charging get or after charging gst

GST TCS

A person liable to collect tax at source under Section 52 (TCS) – Provision suspended till 30.06.2018

TCS here I mean the under income tax act
TCS charged on Full Value of Invoice. It's mean include GST...
Originally posted by : Aakash Gupta
TCS here I mean the under income tax act

 

First You Charges TCS on Taxable Value 

Than Applied GST Rate 

 

now I am getting contradictory answers

I am agree with Mr. Raja Sir Answer

In this case I am Wrong

Thanks Sir 

For Guide Me

 

Wait on...
Mr RAVI Sadhiyan will be explain to You...!
Okay... Mr Ravi Sadhiyan... 👍👍👍👍... TCS applicable in Total Sale value in any of the sales under TCS...
Take Full value including Taxes


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register