Tcs on Goods @0.1% in Budget 2020

Dear Sir and Mam
New provision announced in Budget about TCS on. goods above 50 lakh.
please tell me only this if we are collecting TCS on scrape u/s 206CE so will we cover under New TCS provision for collect TCS from buyer 0.1%
Replies (2)
Quick Summary
This discussion clarifies the applicability of the new Tax Collected at Source (TCS) provision on goods introduced in Budget 2020. The new rule mandates a 0.1% TCS on goods exceeding ₹50 lakh. It confirms that if you are already collecting TCS under Section 206CE, you are not covered by this new provision for collecting 0.1% TCS from buyers.

No you will not be covered
धन्यवाद

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