TCS applicability sale of good

TCS (206c 1h) sale of good

One person has collected. 60 lakh for sale of good in the month of April 21 only

He have to deduct TCS @ .1% on 60 or 10 lakh??
Replies (4)
Quick Summary
This discussion clarifies the applicability of Tax Collected at Source (TCS) on the sale of goods. Specifically, it addresses a scenario where a seller collected ₹60 lakh in April 2021. The consensus is that TCS is applicable only on the amount exceeding ₹10 lakh, meaning TCS should be deducted on the ₹50 lakh that surpasses the threshold.

10 lakh maybe
On 10 Lakhs only.
Ok thanks all
Explain it sir

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