TCS is applicable 1% when sale of goods to customer. If a customer want the goods for pursonal use and goods in a small qnt then TCS is applicable or not?
1 Replies
Aditya Saha
(huu)
(29 Points)
Replied 06 January 2014
U/s 206C it is says that if the purpose of purchase is not a trading then no TCS is applicable.
If the buyer is Manufacturer then he/she has submit a written document to seller that he/she is not going to use for Retail purpose then no TCS.
Correct me if i'm wrong.
Recent Topics
- Gst credit ledger input
- Income Tax Filing after Portal Deadline
- LTCG U/S 54 -TIME PERIOD RELATED
- Clarification -GST registration
- TDS on commercial bus insurance payment
- Does we need Environmental Clearance certificate f
- GST Rate confussion
- ITR-U for non taxable income
- GST registration -notice
- GSTIN Suspended Form GST Reg 17
Related Threads
CAclubindia
