How to use the tcs & tds calculator
- Enter your gross sales for the month and the value of returns.
- Choose the GST rate most of your products carry.
- Note the TCS to claim in your GST return and the TDS to claim in your income-tax return.
How it's worked out
GST TCS = 0.5% of the net taxable value (sales − returns, without GST), under section 52 of the CGST Act, at this rate since 10 July 2024.
TDS = 0.1% of the gross amount, under section 194-O of the Income-tax Act, since 1 October 2024.
Questions sellers ask
Is TCS a cost for the seller?
No. TCS shows up in your GST electronic cash ledger once you accept it, and you can use it to pay GST. TDS counts against your income tax. Both are claimable, not lost.
Meesho/Flipkart TCS kitna kaat-ta hai?
GST TCS 0.5% (net taxable value par) aur income-tax TDS 0.1% (194-O). Dono aap apne returns me wapas claim kar sakte hain.