https://www.taxtmi.com/forum/issue?id=119924 TCS under the notification applies to specified luxury/high value goods when the value of an individual item exceeds the prescribed threshold; it is triggered by the value of each specified item at the time of sale rather than by the cumulative invoice value. Sellers must collect TCS at the prescribed rate, remit it to the government, and report it in the buyer's tax records. en-us Fri, 25 Apr 2025 12:59:47 +0530 Sun, 27 Apr 2025 13:25:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=119924 TCS under the notification applies to specified luxury/high value goods when the value of an individual item exceeds the prescribed threshold; it is triggered by the value of each specified item at the time of sale rather than by the cumulative invoice value. Sellers must collect TCS at the prescribed rate, remit it to the government, and report it in the buyer's tax records. Discussion-Forum Income Tax Fri, 25 Apr 2025 12:59:47 +0530 https://www.taxtmi.com/forum/issue?id=119924