TCS u/s,206C(iH) applicable for goods sale between branches having same PAN

[gvenugopal g]

Dear Experts,

Good Evening!!

Kindly clarify whether TCS @0.075% is applicable on sale of goods w.e.f. 01.10.2020 in between branches having same single PAN but different GST numbers in various states. .

Thanks & Regards: G VENUGOPAL

AI Summary

Debate on TCS Applicability: Does 0.075% Rate Apply to Inter-Branch Stock Transfers with Same PAN, Different GSTINs? A query was raised regarding the applicability of TCS at 0.075% on the sale of goods between branches with the same PAN but different GST numbers across states, effective from October 1, 2020. One response suggested that TCS applies to customer sales, not stock transfers. Another response noted that stock transfers are not recognized under the GST regime unless within the same GSTIN, indicating the need for further discussion on the matter.