https://www.taxtmi.com/article/detailed?id=12077 Section 206C(1H) obliges sellers of goods meeting the turnover threshold to collect Tax Collected at Source from buyers when receipts from a buyer in the financial year exceed the single-buyer threshold, with collection due on receipt and subject to statutory exclusions (government and diplomatic entities, specified TCS provisions, exports and imports) and suspension where the buyer has already deducted TDS under other provisions; procedural relief is available for buyers purchasing for manufacture and quarterly filing and remittance timelines are prescribed. en-us Tue, 28 Nov 2023 16:12:23 +0530 Tue, 28 Nov 2023 16:12:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=12077 Section 206C(1H) obliges sellers of goods meeting the turnover threshold to collect Tax Collected at Source from buyers when receipts from a buyer in the financial year exceed the single-buyer threshold, with collection due on receipt and subject to statutory exclusions (government and diplomatic entities, specified TCS provisions, exports and imports) and suspension where the buyer has already deducted TDS under other provisions; procedural relief is available for buyers purchasing for manufacture and quarterly filing and remittance timelines are prescribed. Articles Corporate Laws / IBC / SEBI Tue, 28 Nov 2023 16:12:23 +0530 https://www.taxtmi.com/article/detailed?id=12077