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Section 206C(1)

Direct Taxation

What does this section specifies and what are the goods mentioned in this section


Rifhat Khan

Rifhat Khan

CA Inter

28K+

20-Apr-23 23:18

456

Answers (3)

TCS from sales of specified goods in the table


Thread Starter

Rifhat Khan

Which goods are specified???

(i) Alcoholic Liquor for human consumption One per cent (ii) Tendu leaves Five per cent (iii) Timber obtained under a forest lease Two and one-half per cent (iv) Timber obtained by any mode other than under a forest lease Two and one-half per cent (v) Any other forest produce not being timber or tendu leaves Two and one-half per cent (vi) Scrap One per cent (vii) Minerals, being coal or lignite or iron ore One per cent:


Sudha Reddy

Sudha Reddy

CA Final

20K+

24-Apr-23 10:46

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