This depends on how much you’ve transacted internationally within this financial year.
If you’ve spent less than an aggregate of ₹7 lacs this financial year, the additional 5% TCS deduction will be refunded within 12 days following the transaction date.
For any transaction amount more than aggregate of ₹7 lacs for the financial year, the 5% TCS will not be refunded.
Note: The financial year runs from April-March in any given year.
When can I expect my refund on TCS deduction? Print
Modified on: Mon, 31 May, 2021 at 3:38 PM
Did you find it helpful? Yes No
Send feedbackSorry we couldn't be helpful. Help us improve this article with your feedback.