seller and buyer both have turnover of 75 CRORES
buyer has paid seller 51 lakhs during the FY 2021-22 out of which 8 lakhs were paid before 1.7.2022 i.e. before 194 q was applicable.
total supplies made during the year is 62 lakhs (52.5 lakhs basic plus 9.5 lakhs gst) seller starting charging TCS after total supplies including GST crossed 50 lakhs is it right way or 194Q will be applicable ?
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