TMI BlogTCS CHARGED IN TNEB Bills in Tamil Nadu -X X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir Good Morning We received Electricity Bill from TNEB ( Tamil Nadu Electricity Board ) . We are HT service user for Factory operations. When we verified the TNEB Bill TNEB charged TCS amount there is no workings in that bill. (TCS ₹ 453/--) Total EB Bill ₹ 3.09 lacs In this connection , is it mandatory / requirement to charge TCS By TNEB there is no sale etc.. They ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... are charging EB charges and Meter rent charges Wheeling charges. ( for Rent they are charging GST as service head) Request guidance on this . Thanks V swaminathan - Reply By Rajagopalan Ranganathan - The Reply = Sir, Collection of tax at source (TCS) under Section 52 of CGST Act, 2017 is in respect of electronic commerce operator. TNEB is not electronic commerce operator. Hence ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Section 52 is not applicable to them. Tax deduction at source is, as per Section 51 (1) of CGST Act, 2017 , in respect of (a) a department or establishment of the Central Government or State Government; or (b) local authority; or (c) Governmental agencies; or (d) such persons or category of persons as may be notified by the Government on the recommendations of the Council, (h ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ereafter in this section referred to as the deductor ), to deduct tax at the rate of one per cent. from the payment made or credited to the supplier (hereafter in this section referred to as the deductee ) of taxable goods or services or both, where the total value of such supply, under a contract, exceeds two lakh and fifty thousand rupees: In your case you are not supplying anyh goods/ser ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... vices to TNEB. If you do so then when macking payment to you TNEB has to deduct tax at source at the prescribed rate. Moreover according to sl. No. 25 of Notification No. 12/2017-C.T (Rate) dated 28.06.2017 as amended transmission or distribution of electricity by an electricity transmission or distribution utility is chargeable to tax At 'Nil' rate. Therefore you are advised to ta ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ke up the matter with TNEB. - Reply By venkataraman swaminathan - The Reply = DearSir Thank You very much for the feedback. But TNEB indicating the Section 206(C) for TCS recovery in TNEB Bill. request your further more guidance please. thanks v.swaminathan - Reply By Rajagopalan Ranganathan - The Reply = Sir, I feel it is under Income Tax Act . Please consult your Incom ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e tax auditor - Reply By Rakesh Bansal - The Reply = Sir, The Income Tax Act vide section 206C(1H) has provided wef from 01.10.2020 for collection of tax at source @ 0.1% of the amount received from the customer where consideration received in one year above Rupees ₹ 50 Lakhs. For specific details consult the section. CA Rakesh Bansal - Reply By Ganeshan Kalyani - The Reply = ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Sir, TCS is applicable on sale of goods. It is not applicable on service rendered. The term 'EB charges', 'meter rent charges' etc. indicates that it is service. So, in my view TCS is not applicable. Expert view is solicitated. - Reply By Rakesh Bansal - The Reply = Sir, in my opinion it is applicable on electricity bill. Because the electrical energy (electricity) is termed ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... as good and not service. However on additional services there may or not be TCS with only logic of its being composite supply or not. regards CA Rakesh Bansal - Reply By Vishesh Goyal - The Reply = Hi, You should visit cleartax.in - TCS CHARGED IN TNEB Bills in Tamil Nadu - - Query Started By: - venkataraman swaminathan Dated:- 8-1-2021 Goods and Services Tax - GST - Got 7 Replies - GST ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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