TDS 194Q TCS 206C(1H) Applicable on Purchase of Goods Sale of Goods Effective Date 01st July, 2021 01st October, 2020 Who is responsible for TDS / TCS Buyer Seller Meaning of Buyer Buyer means a person carrying on business whose total sales, gross receipts or turnover from the business exceeds Rs.10 crores during the financial year […]

(Updated as on 30th September 2019) Government has notified Goods and Services which are subject to GST under Reverse Charge. (I) GOODS Following are Supply of goods under RCM as per section 9(3) of CGST Act are: S. No. Tariff item, sub-heading, heading or Chapter Description of supply of Goods Supplier of goods Recipient of […]