TCS on 206C Sale of Goods

If turnover does not exceed 10 crore sale of goods is above 50 lakh tcs applicable or not.

Kindly explain to me.
Replies (4)
Quick Summary
This discussion clarifies the applicability of Tax Collected at Source (TCS) on the sale of goods, particularly for businesses with a turnover not exceeding 10 crore. The consensus is that TCS is generally not applicable to the sale of goods under these circumstances, with specific exceptions like motor vehicles. The key factor determining applicability is often the previous year's turnover.

TCS not applicable for sale of goods. Only motor vehicles it is allowed

@ Venkat,

Your query's head is not clear or the said section is wrong...

If You are asking about as Your query

No... Not applicable.

So, no need to collect TCS on Your sales.


(and it's not 206C.)
Originally posted by : Yasaswi Gomes new
opening quote TCS not applicable for sale of goods. Only motor vehicles it is allowed closing quote

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TCS not applicable in case previous year turnover is below 10 crore

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