sales of goods, TCS will be deducted based on PANs. If multiple customers have the same PAN, all transactions by those customers will be accumulated and compared to the threshold that is prescribed by the government. You can also accumulate the purchase threshold based on the PAN...
User has option to accumulate purchase threshold based on PAN number of vendors like customers. However, accumulation will take place based on vendor or customer within one legal entity. Inter legal entity accumulation will be out of scope. The point of...
User has option to accumulate purchase threshold based on PAN number of vendors like customers. However, accumulation will take place based on vendor or customer within one legal entity. Inter legal entity accumulation will be out of scope. The point of...
Goods are purchased from suppliers at a price of Rs. 550. In the books of the e-commerce operatorThe e-commerce operator posts a receipt of payment from the customer.Expand table DescriptionDr.Cr. Bank 660 Customer 660The e-commerce operator places a purchase order with the vendor and ...
The general Terms and Conditions of Sale ("TCS") presented below apply to any purchase of products on the website www.ankama-shop.com (the "Website") completed between you ("You" or the "Customer") and the company AKM Distribution, a simplified joint-stock company with its head office ...
Buyerrefers to persons whose purchase of goods from a seller in the current financial year has exceeded 50 lakh rupees. However, the following buyers are exempted from being charged TCS as mentioned in sub-section 1H: the Central Government, a State Government, an embassy, a High...
TCS is applicable on the sale of timber, scrap, minerals, liquor, tendu leaves, forest produce, cars, and toll tickets. Limits Under Section 194Q, TDS is applicable on the purchase of goods, if the amount exceeds Rs. 50 lakhs. Under Section 206C (1H), TCS is applicable on the sal...
committed to purchase all raw materials (Natural Rubber & Latex Free) which are compliance towards the marketing requirements on Medical & Pharmacy sector. All our finger cover for TUR drape set are based on OEM brand and the application of FDA 510K and CE marking will be upon request from ...
despite our reasonable efforts some of the Goods on our site may be incorrectly priced. If we discover an error in the price of the Goods you have ordered we will contact you to inform you of this error and we will give you the option of continuing to purchase the Goods at the correct...
Any person or HUF who is subjected to an audit of accounts under the Income-tax Act for a particular financial year. Classification of Buyers for TCS Abuyermaypurchasegoodsdirectlyfromtheseller,orthroughanintermediarysuchasawholesaler,aretailer,oranonlineplatform.Theymayalsopurchasegoodsbybiddingonthemata...