1. Previous year sale should be 10 Crore.
2. Threshold limit is Rs. 50 Lakh in this Financial Year only those who have 10 Crore Sale in Previous Year.
Today, is 1st Nov, 2020 , it is time to deposit collected TCS on Sale. Now , a general question arise that in which collection code amount of tcs can be deposited.
It is clear while deposit on line TCS through challan no 281, Collection Code is 6CR- TCS on sale of Goods.