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...
TCS on Purchase transactions: Enable "TDS/TCS withholding tax group" defaulting from the master form without differentiating the nature of the transaction Enable the threshold hierarchy. To apply the TCS rate, based on whether a customer has a PAN, select theEnable threshold hier...
Goods are supplied at a price of Rs. 600 (intrastate). The rate of Central GST (CGST) is 5 percent. The rate of State GST (SGST) is 5 percent. The rate of TCS is as follows: 1% CGST 1% SGST The commission on sales is Rs. 100. Goods are purchased from suppliers at a price ...
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...
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 ...
Can we claim TCS on car purchase? TCS (tax collected at source) could have been paid by you if the motor vehicle you purchased wasworth more than Rs 10 lakh. Credit of TCS during the year has to be claimed in your ITR in a manner similar to that for TDS. ... However, one must...
作者TCS - Consumer Goods SaaS 与我联系 Touchless order management and algorithmic allocation for case fill rate management. TCS’ Service Level Enhancementenables better customer service through collaboration of CPG companies & their downstream supply chain partners.Service Level Enhancementis a technology ...
Revenue Collection:E-commerce platforms deduct a particular percentage of tax (currently 1%) from the total sale price as well as GST if the purchaser finishes a purchase. Remitting the Accumulated Tax Amount:For depositing the collected TCS amount with the government on behalf of the seller typi...
the assessing officer would issue such certificate directly to seller under advice to the buyer. The said rate is applicable for a particular seller, whose name is mentioned in the certificate and cannot be taken as all prevailing approval for all sellers for purchase of specified goods from anyb...