https://www.taxtmi.com/article/detailed?id=9510 Tax Collection at Source requires sellers with prior-year turnover above the statutory threshold to collect TCS at receipt on motor vehicle sales that meet prescribed value criteria; higher rates apply where buyer PAN/Aadhaar is not furnished. Exemptions cover specified government and import transactions and certain traded instruments; discounts, sale returns and indirect taxes including GST are not deductible in computing threshold or collectible TCS. Sellers must assess vehicle scope, prior-year turnover, per-buyer aggregate values and comply with administrative guidance on exclusions and interaction with other withholding rules. en-us Thu, 15 Oct 2020 12:18:29 +0530 Thu, 15 Oct 2020 12:18:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9510 Tax Collection at Source requires sellers with prior-year turnover above the statutory threshold to collect TCS at receipt on motor vehicle sales that meet prescribed value criteria; higher rates apply where buyer PAN/Aadhaar is not furnished. Exemptions cover specified government and import transactions and certain traded instruments; discounts, sale returns and indirect taxes including GST are not deductible in computing threshold or collectible TCS. Sellers must assess vehicle scope, prior-year turnover, per-buyer aggregate values and comply with administrative guidance on exclusions and interaction with other withholding rules. Articles Goods and Services Tax - GST Thu, 15 Oct 2020 12:18:29 +0530 https://www.taxtmi.com/article/detailed?id=9510