CAN ANYONE HELP ME DEFINE GOODS, AS ONE OF MY CLIENT DEALS IN SELLING OF MACHINE AND EXCAVATORS, WILL THAT BE INCLUDED IN THE DEFINITION. AS CURRENTLY THERE IS NO TCS ON SALE OF MACHINE AND EXCAVATORS. SO WILL IT AFFECT THAT SECTOR AS WELL
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TCS ON SALE OF GOODS
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W.e.f 1st October 2020, it will be applicable on sale of goods (All type) exceeding Rs. 50 Lakh within India.
do you have notification for this??
Is it registered with RTO authorities under MV Act?
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