TAX COLLECTED AT SOURCE (TCS)
What is TCS?
The seller has to collect tax from the payer who has purchased the following items :
- Alcoholic liquor for human consumption
- Tendu leaves
- Timber obtained under a forest lease
- Timber obtained by any mode other than under a forest lease
- Any other forest produce not being timber or tendu leaves
- Scrap
- Parking lot
- Toll plaza
- Mining and quarrying