TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Manuals
of of All Manuals
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Sellers Must Collect 0.1% TCS on Goods Sales Over Rs. 50 Lakhs, with Higher Rate for Buyers Without ID</h1> Seller must collect Tax Collection at Source (TCS) at 0.1% for goods sale consideration exceeding Rs. 50 lakhs, effective from 01.10.2020. Seller's total sales must exceed Rs. 10 crore. If buyer lacks PAN/Aadhaar, TCS increases to 1%. Exemptions apply for government entities, importers, and specific categories. The provision will not apply from 01.04.2025. Buyers and sellers remain liable for tax deduction under specified conditions.
TaxTMI 
TaxTMI 
