TCS Collection of 5% by DCB Cards

39°
Deal Subedar
ankitbhutoria

Wanted to discuss the provisions of TCS on International Credit and Debit Card Transactions wef 01.10.2020.

I just purchased something from eBay.com and was subjected to 5% TCS by DCB Card.

Would like to know whether Indian Cards such as HDFC Credit Card and others are also being subjected to TCS or only International Cards.

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Deal Subedar Deal Subedar
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TCS or tds ?

Benevolent Benevolent
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Tax collected at source (TCS)

Benevolent Benevolent
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It is Govt rule. All cards are now subject to this.

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