New TCS u/s.206C(ih) applicable to Service Invoices?

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..... New TCS u/s.206C(ih) applicable to Service Invoices?
Query (Issue) Started By: - gvenugopal g Dated:- 12-11-2020 Last Reply Date:- 13-11-2020 Income Tax
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Income Tax
Dear Expert .....

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..... s, Good Evening, Kindly clarify whether new TCS under section 206C(ih) of Income tax Act, w.e.f.01.10.2020 @0.075% is applicable to service Invoices, where some establishments raises tax invoices to .....

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..... their customers for materials and labour separately. Thanks & Regards: G. VENUGOPAL Reply By Ganeshan Kalyani: The Reply: This TCS is applicable only on sale of goods and not on services.
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..... ussion Forum - Knowledge Sharing .....

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