Tax collection at source on tendu leaves requires seller collection, subject to resident buyer manufacturing-use declaration. Tax collection at source on tendu leaves requires the seller to collect tax at 2 per cent at the earlier of debit of the buyer's account or receipt of ... Summary
Tax collection at source on tendu leaves requires seller collection, subject to resident buyer manufacturing-use declaration.
Tax collection at source on tendu leaves requires the seller to collect tax at 2 per cent at the earlier of debit of the buyer's account or receipt of sale consideration, with no monetary threshold. Collection is not required where a resident buyer declares use for manufacturing, processing, production or power generation rather than trading.
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