TCS on sale of goods rate

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accountant
213 Points Posted on 06 April 2021
dear sir
what is the new rate of TCS 01-04-2021 and what is the calcuy of TCS on sales
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On 06 April 2021 at 16:07 Report
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This discussion clarifies the Tax Collected at Source (TCS) rules applicable to the sale of goods. From April 1st, 2021, sellers receiving payments exceeding £50 lakh for goods are subject to a 0.1% TCS rate. This rate applies to the total invoice value, inclusive of GST, for goods not specifically exempted.

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Audit Manager
79 Points Posted on 06 April 2021
0.1% on other than specified goods total invoice value including GST.
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On 06 April 2021 at 16:20
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1388 Points Posted on 06 April 2021
Every person, being a seller , who receives any amount as consideration for sale of goods of the value exceeding 50 lakh . rate 0.1%
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On 06 April 2021 at 17:35
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2742 Points Posted on 11 April 2021
Agrww
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On 11 April 2021 at 20:07

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