TCS Rate Chart Tax %
Type of Goods
Liquor of alcoholic nature, made for consumption by humans 1.00%
Timber wood when collected from a forest that has been leased 2.50%
Tendu Leaves 5.00%
Timber wood when not collected from a forest that has been leased, but any other mode 2.50%
Any forest produce other than tendu leaves and timber 2.50%
Scrap 1.00%
Toll Plaza, Parking lot, Quarrying and Mining 2.00%
Minerals that include lignite or coal or iron ore 1.00%
Bullion or Jewellery( if sale consideration paid in cash  exceeds over Rs. 2lakhs in case of bullion & 5 Lakhs in case of jewellery ) New Amendment from 1st April 2017) 1.00%
Motor Car ( if sale consideration paid in cash  exceeds over Rs. 10 lakhs) 1.00%
Purchase of goods & services ( if consideration paid in cash  exceeds over Rs. 2 lakhs) 1.00%
  1. Tax Practical
  2. Practical TDS (Non Salary)

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CA Maninder Singh
CA Maninder Singh is a Chartered Accountant for the past 8 years. He provides courses for Practical Accounts, Taxation and Efiling at teachoo.com .