Based on this initial interpretation finance and operations apps provided functionality for the first option. However, some scenarios didn't comply with the intended law. To clarify the applicability of the new TCS provisions, the CBDT issued circular no. 17, dated September 30...
Sales and Stock Item MasterUnable to Determine TCS applicability for ledgers or stock items: This exception occurs when the sales/income ledger credited in the transaction, or the stock item selected, has not been tagged to a specific TCS Nature of Goods. Select the appropriate TCS Nature of ...
“TCS on sales” when applied on AP Transaction post-tax amount in recoverable account: In case the user applies “TCS on Sales” on the purchase transaction TCS amount will directly post to “TCS recoverable account”. User-has to do matching ...
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 applicability for TCS collection depends upon...
ON PA1 ≤B H OFF 1 2 3 NC VOUT GND1 (Note2) Note 1:It is recommended to add a capacitor of about 0.1μF between VCCand GND. Note 2: The GND1 and GND2 pins should be tied to ground. The GND2 pin is used as a test pin during production. ...
Applicability – This Agreement, including all attachments contained herein by reference, constitutes the entire agreement between the parties with respect to the subject matter hereof, and supersedes and replaces all prior and existing understandings or agreements, whether made in writing or orally, in...
The law clarifies that TCS on sales of goods will be collected when actual payment is received by the seller.However, to collect TCS on sales of goods, the seller must increase the amount of the sales invoice, including the amount of TCS. The seller must also account for...
The law clarifies that TCS on sales of goods will be collected when actual payment is received by the seller.However, to collect TCS on sales of goods, the seller must increase the amount of the sales invoice, including the amount of TCS. The seller must also account for t...
There was a lot of confusion about the implementation of this feature, To remove doubts arising on the applicability of new TCS provisions, the CBDT issuedCircular No. 17, dated 30-09-2020clarified that option ( c ) is more convenient, realist...
Please contact your TOSHIBA sales representative for details as to environmental matters such as the RoHS compatibility of Product. Please use Product in compliance with all applicable laws and regulations that regulate the inclusion or use of controlled substances, including without limitation, the ...