Tax Collection at Source under section 206C sets distinct TCS rates for specified goods, varying by residency and turnover.

Rates of Tax Collection at Source for 2014-2015 under Section 206C prescribe TCS percentages, inclusive of surcharge and education cesses, on receipts for specified goods (including alcohol, tendu leaves, timber, other forest products, scrap, mining/quarrying supplies, certain minerals, bullion and jewellery subject to cash thresholds). The schedule differentiates rates by taxpayer residence/corporate status and by turnover bands, and identifies cash-transaction thresholds that trigger TCS for bullion and jewellery.

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