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e-TCS Form 27eQ

TDS / TCS 6327 views 4 replies

While filing e-TCS in Form 27EQ which collection code should be mentioned for TCS Collection of Scrap Sales.

Thanks

Replies (4)

please read by this link

https://law.incometaxindia.gov.in/dittaxmann/incometaxrules/pdf/challanitns-281.pdf

206C Collection at source from Scrap 6 C E

Notes : 1. Please write collection code A for Alcoholic liquor for human consumption, B for Timber obtained under a forest lease, C

for Timber obtained by any mode other than under a forest lease, D for any other forest produce not being timber or tendu leaves, E

for Scrap, F for Parking lot, G for Toll plaza, H for Mining and Quarrying.

2. Write “A” if “lower collection” is as per section 206C(9).

Write “B” for any other person, give details in separate sheet.

You can select the code "6CE" for "SCRAP Sales"

What is TCS Code if TCS collected for receipt in cash above Rs.200000


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