according to recent amendments TCS is to collected on sales beyond 50Lacs. Whether TCS is to be collected on only sale value or on sale value+Gst. Can any one
clarify. Thanks .
3 Replies
Sagar Patel
(Tax and Business Consultant)
(11611 Points)
Replied 07 October 2020
Taxable value + GST value (i.e on total invoice value )
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 07 October 2020
TCS applicable on Full value of Invoice (Basic + GST).
queryinsta054@gmail.com
(234 Points)
Replied 08 October 2020
TCS has to be charged on Base price plus GST
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