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https://help.tallysolutions.com/docs/te9rel49/TCS/Goods_and_Transactions_classified_under_TCS.htm

Goods and Transactions classified under TCS

 

Goods and transactions classified under TCS are listed below:

  • Alcoholic liquor for human consumption including Indian Made Foreign Liquor (IMFL)

  • Tendu leaves

  • Timber obtained under a forest lease

  • Timber obtained by any mode other than under a forest lease

  • Any other forest produce not being Timber or Tendu

  • Scrap (Scrap means waste and scrap from the manufacture or mechanical working of materials which is usable as such because of breakage, cutting up, wear and tear and other reasons)

  • Licensing or leasing of Parking Lot, Toll Plaza

  • Mining and quarrying