Tag Archives: TCS on sale of jewellery

No TCS on sale of jewellery w.e.f 01.04.2017

By | February 9, 2017

TCS on sale of jewellery Summary :  TCS @ 1%  required to be deducted on sale of Jewellery exceeding Rs 5,00,000/- in cash. However as per Finance Bill 2017 w.e.f 01.04.2017 this Provision  of deduction of TCS on sale of jewellery  is to be abolished. Reasons for no TCS on sale of Jewellery from 01.04.2017:  As… Read More »