TCS on Sale of Goods-Collection or Invoicing

This query is : Resolved 

07 August 2024 Suppose, in the year 2023-24 the invoicing to a customer crosses 1 crore but they have not any amount till date.

So, TCS u/s 206C(1H) will apply or not?

08 August 2024 Apply only when the current year sale exceeds 50 lacs.



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