When this option is selected, theInterim accountfield for the withholding tax code becomes available. When a sale of goods is posted, the tax amount on the invoice is posted to the interim TCS payable account and debited to the customer account. When the user receives payment...
5.2 The packaging of your Goods may vary from that shown on images on our site. 5.3 We reserve the right to amend the specification of the Goods if required by any applicable statutory or regulatory requirement, or to implement minor technical adjustments and improvements, for example to address...
The TCS are available at any time on the Website by clicking on "Terms and Conditions of Sale" or "TCS". The TCS may change at any time. In case of a dispute about an order, the applicable conditions are those that were in force when the order was placed. In any other case, chan...
Section 206C of the Income Tax Act, 1961 specifies the goods and services on which TCS is applicable. The threshold for TCS on the sale of goods is Rs. 50 lakhs. Although both taxes are levied at the point of origin of income/payment, there are quite a few significant differences ...
1. Is TCS applicable to you? As per section 52 of CSGT Act, the TCS is to be collected by the e-commerce operator with respect to taxable supplies made through their portal by other suppliers, where the consideration in respect of such supplies is collected by him. Thus, the applicabili...
In short, the seller collects TCS on whichever is earlier of the following two dates: While debiting money payable by a buyer in the books of accounts After receiving money from a buyer via cash/cheque/draft TCS Rate Chart: Goods Collected Under TCS Provisions and Rates Applicable To Them ...
voyage, the legal age limit for service or purchase of alcohol may change depending on different ports of call. This may mean guests who have already purchased the Beers, Wines and Spirits Option will not be served alcoholic drinks in certain territorial waters due to the applicable age limit ...
"Expiry Date" means the date of expiry specified by the Bank on the Card. "Limit" means the maximum debit balance permitted by the Bank in the Customer Account for the applicable Card, if any, and notified by the Bank to the Cardmember from time to time. "Liabilities" means any or ...
(b) death or personal injury resulting from its own negligence or that of its employees, sub-contractors or agents; or (c) breach of the terms implied into this Contract by section 12 Sale of Goods Act 1979 or Section 2 Sale of Goods and Services Act 1982; or (d) the indemnity set ...
9.1 During the check-out process and before you place your Order, we will confirm all of the charges applicable to your Order, such as: 9.1.1 any customs charges or a method of calculating these; 9.1.2 applicable tax applying to delivery charges and handling charges will depend on your...