Tax collection under section 206C(1H): seller must collect tax on high value goods sales when turnover exceeds threshold.

Section 206C(1H) requires the seller of goods to collect tax at source where the seller receives consideration for the sale of goods above the prescribed high-value threshold, and only if the seller's aggregate sales, gross receipts, or turnover in the immediately preceding financial year exceed the statutory turnover threshold.

---

---

---