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All you need to know about Tax Collected at Source (TCS)

In Tax Collected at Source (TCS) by Sunil Gupta6th October 2020

1. What is Tax Collected at Source on sales of goods (TCS)?This document covers the functionality of Tax Collected at Source (TCS) applicable on sale of goods. It describes how to do basic setup for TCS on sale of goods, check applicability of TCS, calculate monthly TCS for a customer or by a group of customers. Also covered are TCS on ...

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Recent press releases and CBIC Notifications

In E Invoicing by Manoj P1st October 2020

30 day grace period for those who are not yet ready for GST e-invoice : CBIC As a last chance, in the initial phase of implementation of e-invoice, it has been decided that the invoices issued by such taxpayers during October 2020 without following the manner prescribed under rule 48(4), shall be deemed to be valid and the penalty leviable ...

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