TCS Calculator (India)
Tax collected at source on sale of goods, scrap, motor vehicles or LRS remittances — collection amount and gross invoice.
Formula
Unlike TDS (deducted from payment), TCS is collected ON TOP of the sale price by the seller. §206C(1H) applies to sellers with turnover above ₹10 crore on the value beyond ₹50 lakh per buyer per year. LRS remittances above ₹10 lakh now attract 20% TCS — refundable against your tax, but a cash-flow drag.
Not tax advice — verify current thresholds. Not financial advice — for informational and analytical use only. Verify all figures with a qualified professional before acting on them.
Disclaimer: This tool is for general informational and estimation purposes only and is not professional financial, tax, accounting or legal advice. All figures are estimates — verify with a qualified professional before making decisions. Read the full disclaimer.
Need tcs calculator results fast? Analysts, founders, traders and finance professionals use the TCS Calculator to skip the spreadsheet and get a defensible answer in one step — free, private and instant.
About TCS Calculator (India)
Tax collected at source on sale of goods, scrap, motor vehicles or LRS remittances — collection amount and gross invoice. Unlike TDS (deducted from payment), TCS is collected ON TOP of the sale price by the seller. §206C(1H) applies to sellers with turnover above ₹10 crore on the value beyond ₹50 lakh per buyer per year. LRS remittances above ₹10 lakh now attract 20% TCS — refundable against your tax, but a cash-flow drag. The governing relationship is TCS = value × rate, added on top of the sale value. The TCS Calculator computes entirely in your browser — free, private (your figures never leave your device) and instant, recalculating live as you change any input.
How to use TCS Calculator (India)
- 1Enter Sale / remittance value (₹), TCS category into the TCS Calculator.
- 2The result is computed automatically using TCS = value × rate, added on top of the sale value — there is no button to press.
- 3Change any input to model a different scenario, then copy or share the result.
Why use TCS Calculator (India)?
- ✓Computes tcs calculator instantly with the correct formula — no spreadsheet needed
- ✓100% free and unlimited, with no sign-up, login or paywall
- ✓Runs entirely in your browser, so the figures you enter stay private
- ✓Shows the formula, a live worked example and references so you can defend the number
Frequently asked questions
What is the formula behind the TCS Calculator?+
TCS Calculator uses TCS = value × rate, added on top of the sale value. Unlike TDS (deducted from payment), TCS is collected ON TOP of the sale price by the seller. The tool substitutes your actual inputs into this relationship and shows the worked example step by step.
What inputs does the TCS Calculator need?+
Enter Sale / remittance value (₹), TCS category and the result updates immediately — there is no button to press. Change any value to model a different scenario in real time.
Is the TCS Calculator free, and is my data private?+
Yes — it is completely free with no sign-up or usage limit, and it runs entirely in your browser, so the numbers you enter are never uploaded or stored on any server. Not tax advice — verify current thresholds. It is for informational and analytical use, not financial advice.
What should I watch out for when using the TCS Calculator?+
§206C(1H) applies to sellers with turnover above ₹10 crore on the value beyond ₹50 lakh per buyer per year. LRS remittances above ₹10 lakh now attract 20% TCS — refundable against your tax, but a cash-flow drag.
What is the TCS Calculator based on?+
The method follows authoritative sources: Income-tax Act §206C; LRS TCS rules. The formula and references are shown on the page so you can verify and cite the result.
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