Tcs on goods

obalreddy (accountant) (282 Points)

02 December 2020  

DEAR ALL MEMBERS GOOD EVENING

MY COMPANY IS PURCHASED ON OF THE ITEMS, HE IS ADDEDED TAX, AND ADDEDED TCS ON ANY GOODS 0.075%

BASICK PRICE IS  -           1,17,600 (DELL LAPTOPS)

CGST 9%             -                 10584

SGST 9%            -                   10584

TCS CATEGORY FOR TCS ON ANY GOODS @ 0.075%-         104

TOTAL BILL COST IS 1,38,872/-

MY DOUTE IS SOME COMPANYS ARE DEDUCTED TCS AND SOME COMPANY ARE NOT DEDUCTED TCS

TCS IS COLLECTED ON ABOVE TURNOVER 50 LAKHS, WITH ONE CUSTOMER, AS ON 01.10.2020, 

IN ABOVE TCS IS COLLECTED OR NOT

PLEASE CLARIFIED THE ISSUE

THANKING YOU

 

G.O.REDDY