All you should know about the new TCS provisions applicable from 1st October, 2020
The government has recently widened the scope of TCS provisions to cover more businesses. Currently, TCS is applicable only on special category goods such as Scrap, Alcohol, Tobacco, Car exceeding Rs.10 lakhs, etc. Post 1st October 2020 any business meeting the conditions stated below are liable to collect TCS.
This article will help you understand...