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 ...
However to collect TCS on sale of goods, the seller needs to raise sale invoice including the amount of TCS, account in the books as a TCS liability even in actual sense it is not payable. Even though the TCS amount is debited to the buyer, t...
However to collect TCS on sale of goods, the seller needs to raise sale invoice including the amount of TCS, account in the books as a TCS liability even in actual sense it is not payable. Even though the TCS amount is debited to the buyer, the liability under Section 206C (1H) does...
Ankama is liable for the lack of conformity of goods with the contract under the conditions of Articles L. 211-4 et seq. of the French Consumer Code and the hidden defects of objects sold under the conditions provided for in Articles 1641 et seq. of the Civil Code. When You act as a...
User will receive payment from customer for sales of goods and services, TCS is to be calculated on receipt of payment for sale of goods. Provision has been provided to enter amount on which TCS can be calculated on the event of receipt of payment from customer. In addition to it, ...
Section 206C of the Income Tax Act says that when certain specified goods are sold, a certain amount must be added to their sale price – this is TCS, or Tax Collected at Source. The seller imposes this amount on the buyer and then has to deposit it with the government by a certain ...
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(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 ...
“Intrinsic Value” means the price of the goods themselves excluding transport and insurance costs and any other taxes and charges as ascertainable by the customs authorities. “Non-EU Countries” means any other country or territory not within the fiscal (VAT) area of the European Community. ...
This initiative is intended to speed the achievement of MDGs in those communes, thereby improving the country's overall situation. Mali may be on its way to achieving MDG 1. Stable macroeconomic performance and control of population growth are some of the conditions necessary to reducing extreme ...