TCS RATE APPLICABLE


This query is : Resolved 

Quick Summary
This discussion clarifies the Tax Collected at Source (TCS) applicable to tour operators. It addresses whether there's a limit on the bill amount for TCS collection and specifies the correct TCS rate to be applied. The advice also covers any distinctions in TCS requirements for outbound versus inbound tours.

01 October 2024 Hello Sir,

Please advise, if there is any limit on bill amount on which we need to collect TCS or whatever the bill amount, TCS should be collected.
Also, advise the rate at which TCS to be levied on a bill.
The above is in reference to tour operators .
Is there any difference if the nature is outbound / inbound tours.
Thanks

01 October 2024 Refer:: https://taxguru.in/income-tax/faqs-tcs-lrs-purchase-overseas-tour-program-package.html

02 October 2024 Thanks for your help, Mr. Rambhia

03 October 2024 You are welcome.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details
Company
ARTICLESHIP 07 November 2026
Article Assisstant

DPV & Associates

Chennai

CA Inter

View Details
Company
12 October 2026
AUDIT , ACCOUNTS AND TAXATION

KDSS

New Delhi

B.Com

View Details
Company
Featured 27 October 2026
semi-qualified CA

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Final

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
ARTICLESHIP 25 October 2026
Article Intern (CA Articleship)

Arpan Bohra & Co

Hyderabad

CA Inter

View Details
Company
Featured ARTICLESHIP 31 October 2026
CA Articleship

apricus india

Navi Mumbai

CA Inter

View Details
Company
23 October 2026
Sr. Accountant

SANKARAN & KRISHNAN

New Delhi

B.Com

View Details