What is the limit for TCS ?

What is the limit for TCS on sale of goods?

1 Individual PAN status - ?

2. Others - ?

Replies (6)
Quick Summary
This discussion clarifies the Tax Collected at Source (TCS) limit on the sale of goods in India. The primary threshold is ₹50 lakhs, applicable if the seller's turnover in the preceding financial year exceeded ₹10 crore. The rate for TCS on sale of goods for FY 2021-22 was confirmed as 0.1%.

Assuming that you are referring to the rate of TCS, it is same for all (unlike TDS).
What is the limit? is it 50lakhs?

Yes, w.r.t. section 206C(1H), you are right, provided the turnover in the preceding year is >10cr

Yes limit for TCS is 50 lakhs e
What is the rate of TCS for fy 2021.22
Originally posted by : Avinash Jeevan Dsouza
What is the rate of TCS for fy 2021.22

It is 0.1%

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