As per the section 206C (1G) of the Finance act 2020 requires the levy of the TCS .The new provisions regarding TCS on “overseas tour packages” requires tha...

No, there is no threshold limit of charging TCS on tour packages. Even a sale of Rs. 100/- will attract Tax collection.

Yes, any tour outside Indian Territory would be subject to TCS.

Yes. In such cases, entire amount is subject to TCS.

It requires every seller to collect from Buyer irrespective of their place of situation. That is, if a Buyer from India is facilitated by a seller outside I...

There is no provision as such for the refund of the amount of 5% TCS to the buyer by the booking agent. The buyer would be required to claim it back in thei...

There is no exception from TCS, under such a case and it is not dependent on the income of the buyer. TCS would be applicable in all such cases. There is no...

Yes, TCS will be applicable. In case of minors,  the PAN of the parents will be required in view of the earlier CBDT circular.

The buyer of a tour package in such a case, is the parents and not the couple. TCS will be applicable on the person to whom the billing is done who need not...

No. It will be worth to note that TCS shall be applicable only in case of an “overseas tour package”, irrespective of the purpose of the trip. Independent a...