What is TCS rate for the month of March

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What is TCS rate for the month of March
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TCS Rate Chart for FY 2020-21 Pre & Post 14th May 2020

S. No Section of the Income-tax Act Nature of Receipts Existing Rate of TCS Reduced rate from 14/05/2020 to 31/03/2021
1 206C(1) Sale of
(a) Tendu Leaves 5% 3.75%
(b)Timber obtained under a forest lease 2.5% 1.875%
(c) timber obtained by any other mode 2.5% 1.875%
(d) Any other forest produce not being timber/tendu leaves 2.5% 1.875%
(e) scrap 1% 0.75%
(f) Minerals, being coal or lignite or iron ore 1% 0.75%
2 206C(1C) Grant of license, lease, etc. of

 

(a) Parking lot

2% 1.5%
(b) Toll Plaza 2% 1.5%
(c) Mining and quarrying 2% 1.5%
3 206C(1F) Sale of motor vehicle above 10 lakhs 1% 0.75%
4 206C(1H) Sale of any other goods 0.1%

 

(w.e.f 01.10.2020)

0.075%
Scrap rate applicable 0.25 from 14/5/2020
Tcs rate for the month of march is not change it remain same, the tcs rate is reduced from 14 may 2020 onwards.

Thanks


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