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Answer Posted / ajay s. chaurasia
TCS is Stand for Tax Collection at Source & Rate of TCS
depend upon the nature of goods.
Nature Of Goods Percentage/Rate Of Tax
Alcoholic Liquor 1
Timber Obtained Under Forest Lease 2.5
Timber obtained by any other mode 2.5
Tender Leaves 5
Other Forest Produce, excluding
Tender leaves and Timber 2.5
Scrap 1
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