Seller to collect TCS from consideration received from buyer [ Section 206C(1H) ]

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.....f. 01.10.2020 ] Person Responsible for collecting TCS  * Every person, being a seller, who receives any amount as consideration for sale of any goods of the value or aggregate of such value exceeding fifty lakh rupees in any previous year, other than the goods being exported out of India or goods covered in section 206C(1) /(1F) /(1G) shall, at the time of receipt of such amount, collect ....

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...., consulate and the trade representation of a foreign State; or * a local authority as defined in the Explanation to clause (20) of section 10; or * a person importing goods into India or any other person as the Central Government may, by notification in the Official Gazette, specify for this purpose, subject to such conditions as may be specified therein. * (b) "Seller" means a person whose....