Whether TCS applicable??

This discussion explores whether Tax Collected at Source (TCS) is applicable when a company (X) sells goods to another company (Y), and instead of receiving cash, Y provides goods from its subsidiary (X1) as consideration. Participants debate whether TCS applies even if the payment isn't in cash but through a book entry or barter, especially when exemption limits are exceeded. The consensus leans towards TCS being applicable as a book entry signifies consideration received.