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of <h1>TCS Deposited by Operator Appears in Supplier's Cash Ledger, Usable to Offset Tax Liability Per Statement Filed by Operator.</h1> The Tax Collected at Source (TCS) deposited by the operator with the government will appear in the cash ledger of the registered supplier for whom the collection was made. This is based on the statement filed by the operator. The registered supplier can then use this credited amount to offset their tax liability for their supplies.
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