Creating Nature of Goods (TCS)

You can define the TCS nature of goods your business deals.

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:

7.     Press Enter to save the details.