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What is Tax Collection at Source (TCS)?

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What is Tax Collection at Source (TCS)?
posted Jun 26, 2017 by Vijay

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1 Answer

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The e-commerce operator is required to collect an amount calculated at the rate not exceeding one percent of the net value of taxable supplies made through it, where the consideration with respect to such supplies is to be collected by such operator. The amount so collected is called as Tax Collection at Source (TCS).

answer Jun 27, 2017 by Sagar Sharma
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