A buyer purchases goods liable for TCS for being used in manufacturing processing. The provisions of TCS shall not apply if the buyer gives declaration in duplicate to the seller in FORM NO :

CS Executive · Tax Laws · PYQS · December 2023
A buyer purchases goods liable for TCS for being used in manufacturing processing. The provisions of TCS shall not apply if the buyer gives declaration in duplicate to the seller in FORM NO :
(A) 27B
(B) 27C
(C) 27E
(D) 28C

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Income Tax Act, 1961

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