https://www.taxtmi.com/forum/issue?id=116121 The provision levying Tax Collection at Source on sale of goods was deferred to 1 October 2020; the undefined term consideration is to be read to include taxes recovered, so GST forms part of the consideration for TCS computation, subject to the parties' contractual allocation (for example, CIF includes insurance and freight). en-us Mon, 09 Mar 2020 16:55:27 +0530 Thu, 23 Jan 2025 15:54:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=116121 The provision levying Tax Collection at Source on sale of goods was deferred to 1 October 2020; the undefined term consideration is to be read to include taxes recovered, so GST forms part of the consideration for TCS computation, subject to the parties' contractual allocation (for example, CIF includes insurance and freight). Discussion-Forum Income Tax Mon, 09 Mar 2020 16:55:27 +0530 https://www.taxtmi.com/forum/issue?id=116121