Please note that if the aggregate of purchases made by you during the financial year 2020-21 exceeds INR 50,00,000 then TCS (Tax Collected at Source) @ 0.075% would be applicable on the amount in excess of INR 50,00,000. This is in accordance with the provisions of section 206C(1H) of the Income Tax Act, 1961 introduced with effect from 1st October 2020. A separate debit note for TCS will be raised by us