TCS charged on electricity bill

TCS charged on electricity bill 0.1% on apr&may month related bills, charged in june month bill Dt 05.07.21, Apr to May total bill value 65 lacs, Now in June month bill TDs as 194Q applicable.
how to be done..
pls calrify
01. TCS to be paid or not to vendor
02.TDS to be deducted as per194Q..for June month bill
Replies (2)
Quick Summary
This discussion clarifies the application of TCS (Tax Collected at Source) on electricity bills, specifically concerning charges levied in April and May and the subsequent applicability of Section 194Q in June. It addresses whether TCS needs to be paid to the vendor and how TDS under 194Q should be handled for the June bill, noting that 194Q provisions apply from July onwards based on turnover if both buyer and seller meet the conditions.

You will get the credit of TCS. upto june. from july onwards 194Q provisions will apply depending on your turnover.
194 Q -Apply 1st , If both buyer and seller come to the same conditions u/s 194 Q & 206C(1H).

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