Query on Recent TCS Applicability Amendment – Sale of High-Value Shoes

[Ramanathan Seshan]

Dear Experts,

Could someone please clarify the recent amendment regarding TCS applicability on the sale of shoes? Specifically, is TCS to be charged only if the value of a single pair of shoes exceeds ₹10 lakhs, or is it based on the total value per invoice?

Regards,

S Ram

AI Summary

High-Value Shoe Sales Now Subject to TCS When Single Pair Exceeds Rs. 10 Lakhs Under Notification No. 36/2025 A discussion forum explores the recent Tax Collected at Source (TCS) amendment regarding high-value shoe sales. Participants analyze Notification No. 36/2025, concluding that TCS applies when a single pair of shoes exceeds Rs. 10 lakhs, not based on total invoice value. Forum members seek clarification from tax experts and recommend professional consultation for definitive interpretation of the new tax provision.