TCS Applicability on Sale of Old Car

This discussion clarifies the applicability of Tax Collected at Source (TCS) when a company sells an old car. TCS is indeed applicable on the sale of a company's old vehicle. The TCS is calculated on the total sale value, including GST, meaning it applies to the full Rs. 15 lakh in this scenario. Furthermore, TCS is applicable regardless of whether the car is sold to another business or an individual buyer.