Tcs on sale of goods urgent

This discussion clarifies the collection of Tax Collected at Source (TCS) on the sale of goods. It addresses whether TCS should be calculated on the taxable value or the invoice value (including GST) and confirms it's charged on the amount received exceeding ₹50 lakhs annually. The applicability of TCS is also discussed for businesses with turnover below ₹10 crore but sales exceeding ₹50 lakh.