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Tcs on sale of goods urgent

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76 Points Posted on 18 May 2022
should i collect tcs of 0.1% on taxable value or invoice value after charging gst.
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On 18 May 2022 at 12:18 Report
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student
350 Points Posted on 18 May 2022

as per the TCS provisions it should be Charged in Invoice Value (taxable Value+GST).

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On 18 May 2022 at 12:31
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Practising CA
8954 Points Posted on 19 May 2022
TCS is on receipt basis. It should be charged on the amount received Exceeding 50 lakhs per annum.

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On 19 May 2022 at 01:34
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accounts executive
39 Points Posted on 04 April 2024
If turnover not exceed 10 crore but the sale of goods is above 50 lakh tcs applicable or not
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On 04 April 2024 at 10:16


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