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What is TCS?
Are the rates of TDS and TCS same??

Answer Posted / ankit jain

TDS STANDS FOR TAX DEDUCTED AT SOUCRE
WHILE
TCS STANDS FOR TAX COLLECTED AT SOURCE

TCS MAINLY CHARGED ON FOLLOWING GOODS & TAX RATE IS
APPLICABLE ON FOLOWING %

GOODS %

1)SCRAP GOODS 1

2)LENDUA PATA 5

3)TIMBER 2.5

Is This Answer Correct ?    7 Yes 3 No



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