Tcs
This query is : Open
27 May 2016
Dear sir , please explain TCS 1% on sale of motor vehicle exceeding 10 lakhs. my query is sale consideration inclusive of vehicle invoice cost , road tax , insurance , accessories etc total consideration or can I take only vehicle invoice price only. please clarify.
27 May 2016
I feel I have to pay tcs on vehicle price and accessories. road tax and insurance are generally reimbursements
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