Creating Nature of Goods (TCS)

To create TCS nature of goods

  1. Go to Gateway of Tally > Accounts Info. > Statutory Info. > TCS Nature of Goods > Create.

  2. Enter the Name.

  3. Enter the Section number.

  4. Enter the Payment Code.

  5. Enter the Rate of TCS.

  6. Enter the Threshold/exemption limit.

The TCS Nature of Goods screen appears as shown below:

  1. Press Enter to save the details.