Tcs 206 1 h

my turnover is 7 crore excluding of gst

this section liable for me

thanks in advance
Replies (5)
Quick Summary
This discussion clarifies the applicability of Tax Collected at Source (TCS) on the sale of goods in India. It confirms that sellers whose turnover exceeded Rs 10 crore in the previous financial year are liable to collect TCS. Crucially, the turnover calculation for this threshold excludes GST.

Receipt of Sale consideration for Sale of Goods in India by a Seller whose turnover exceeds Rs. 10 Crores in the preceding FY is liable to collect tax at source.
 

Turnover consider including gst or excluding of gst

Excluding GST                           

Many thanks sir

You are welcome.       

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