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TCS

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(Querist)
09 April 2009 HI ALL,

MY QUERY IS THAT WHETHER TCS ON SALE OF LIQUER IS COLLECTED ON ONLY SALE OF LIQUER OR IT INCLUDES THE VAT PAYABLE ON SALE. FOR EG.

SALE OF LIQUER RS. 100
VAT ON ABOVE RS. 20
TOTAL RS. 120

WHETHER TCS IS TO COLLECTED ON RS. 100 OR ON RS. 120?
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Ram Avtar Singh

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Ram Avtar Singh (Expert)
09 April 2009 it should be calculat on 120
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CA Devanshi Gandhi (Ajani)

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CA Devanshi Gandhi (Ajani) (Expert)
10 April 2009 on Rs. 120
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