Inter branch sales of goods tcs

31 December 2020

whether tcs is applicable on inter branch sale of goods under same pan but different state n gstin please clarify this

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5 Replies

CA. Sourav Sarkar (Chartered Accountant ) (24583 Points)
Replied 31 December 2020

Yes tcs is applicable

Deepak Deepu (59 Points)
Replied 31 December 2020

Sir some people said not applicable on branch to branch it's confused so asking this

CA. Sourav Sarkar (Chartered Accountant ) (24583 Points)
Replied 31 December 2020

Yes you are right tcs is not applicable on inter branch sale of goods having same pan,

Krishna Chaudhary (Accountant) (4531 Points)
Replied 01 January 2021

Yes TCS will applicable if cell value exceeds 50 lakh

anil jain (Partner) (1072 Points)
Replied 05 January 2021

You cannot deduct TDS on your own because PAN of both is same.

Who will deduct, who will issue TDS certificate and to whom, who will claim the credit.

Answer these questions you will get answer to your question.

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