Tax Collection at Source revised: new goods categories and updated definitions change collector liability and scope.

Amendment to section 206C substitutes the Table of specified goods with distinct collection percentages and revises the Explanation by redefining the buyer-in-retail-sale exception, replacing the definition of "scrap" with waste from manufacture or mechanical working, and expanding the definition of "seller" to include governments, statutory bodies, companies, firms, cooperative societies, and individuals or HUFs exceeding section 44AB turnover thresholds, thereby modifying collector liability and the scope of tax collection at source.

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