Economic

TCS refund on car purchase: Who can claim it, how it works, and key rules to know

TCS is a 1% tax on motor vehicles over ₹10 lakh. Buyers can claim a refund when filing their annual ITR, provided they meet eligibility criteria. 

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TCS refund on car purchase: Who can claim it, how it works, and key rules to know
TCS is a 1% tax on motor vehicles over ₹10 lakh. Buyers can claim a refund when filing their annual ITR, provided they meet eligibility criteria. 
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