TCS on Motor Vehicles @ 1% pricing above 10 Lacs w.e.f June 1st 2016
As announced in the Budget 2016-17. TCS on Motor Vehicles is started collecting from 1st June¬†2016. Small budget Vehicles ( Valued up to 1000000) are excluded from the ambit. TCS on Motor vehicle¬†is applicable to the Vehicles costing 10 Lakhs and above.The TCS should be collected by the Manufacturer,dealer or the owner of a Motor… (0 comment)