Tcs 206 1 h

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744 Points Posted on 29 July 2023
my turnover is 7 crore excluding of gst

this section liable for me

thanks in advance
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On 29 July 2023 at 11:55 Report
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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.

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SEO Sai Gr. Hosp.
212511 Points Posted on 29 July 2023

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.
 

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On 29 July 2023 at 13:26
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744 Points Posted on 29 July 2023
Turnover consider including gst or excluding of gst
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On 29 July 2023 at 14:36
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SEO Sai Gr. Hosp.
212511 Points Posted on 29 July 2023

Excluding GST                           

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On 29 July 2023 at 15:13
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744 Points Posted on 29 July 2023
Many thanks sir
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On 29 July 2023 at 15:43
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SEO Sai Gr. Hosp.
212511 Points Posted on 29 July 2023

You are welcome.       

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On 29 July 2023 at 16:34

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