In short
A ready letter from the buyer to the seller confirming TDS under Section 194Q on purchases above ₹50 lakh — and noting that TCS under 206C(1H) was withdrawn from 1 April 2025.Who it's for
- Buyers with turnover above ₹10 crore deducting under 194Q
- Their accountants and CA firms
What's inside
- Buyer's turnover confirmation and 194Q undertaking
- 0.1% rate on value over ₹50 lakh
- Note on the withdrawal of 206C(1H) TCS
- Signature block
How to use it
- Download and open in Word
- Fill the [bracketed] fields and print on the buyer's letterhead
- Send to the seller and keep a copy on record
FAQs
Do I still need a 206C(1H) cross-declaration?
No. TCS on sale of goods under 206C(1H) was withdrawn from 1 April 2025; only the buyer's Section 194Q TDS continues.
Free · verified 28 June 2026 against the Income-tax Act 2025 / FA 2025. General information, not professional advice.