SENSEX
NIFTY
GOLD
USD/INR

Weather

image 34    C

Markets News

Livemint

Markets / Livemint

details

TCS on car purchases explained: Who pays it, how to claim a refund?

The sale of motor vehicles above a specified value attracts TCS under Section 206C(1F). As per the provision, car dealers or sellers must collect TCS from buyers when the sale consideration of a motor vehicle exceeds Rs. 10 lakh

21 Jun 2026 3:51 pm