gst tcs

surbhi (student) (343 Points)

10 February 2018

whether the rate of tax of 1 percent specify in sec 52 (tcs) is cgst or sgst or a combination of both?

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RAJA P M ("Do the Right Thing...!!!") (128101 Points)
Replied 10 February 2018

TCS will collected total Invoice Value...

surbhi (student) (343 Points)
Replied 10 February 2018

i meant to ask that whether such tcs rate 1 percent is bifurcated to.0.5 to cgst n 0.5 to sgst or it is single rate to govt

RAJA P M ("Do the Right Thing...!!!") (128101 Points)
Replied 11 February 2018

It's single rate to Deposit in TCS. So, No way for split / to GST.

surbhi (student) (343 Points)
Replied 11 February 2018

okays... got it

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