TCS on international credit card spends

[nrj1007]

Anybody any idea is TCS being applied for credit card transactions after 1st October? I purchased a flight ticket from american airlines and paid in INR. Will it be considered as international transaction.
Also, TCS is not deducted yet. If it has to be deducted, then when will it get deducted?

 

[cryoengine]

I believe TCS is NIL up to 7lac, but I am not sure.

 

[nrj1007]

I believe TCS is NIL up to 7lac, but I am not sure.

Yes but my 7 lack limit is already exhausted.

 

[CARDBITRAGE]

It should be deducted along with the transaction itself. At least that's how it was with DCs. Maybe they haven't implemented it yet.

 

[pscking]

Just a doubt.

I'm planning to visit Thailand and Singapore next month. Can i use my Niyo debit and credit card? Will TCS be charged or any amount will be blocked even though i haven't reached 7 lakh threshold?

 

[CARDBITRAGE]

If you're using DCs, you won't be charged until your spends crosses the 7L threshold. CC fx spends are a grey area as of now, and no official confirmation has come out yet.

 

[pscking]

If you're using DCs, you won't be charged until your spends crosses the 7L threshold. CC fx spends are a grey area as of now, and no official confirmation has come out yet.

 

[Harry1]

Modi ka chatha sankalp (Live right now) - No foreign travel until whole india tourism completes.

 

[arpitium]

Anybody any idea is TCS being applied for credit card transactions after 1st October? I purchased a flight ticket from american airlines and paid in INR. Will it be considered as international transaction.
Also, TCS is not deducted yet. If it has to be deducted, then when will it get deducted?

Were you charged 20% tcs?

 

[nrj1007]

Were you charged 20% tcs?

No. I have done multiple international transactions but no TCS was deducted yet.

 

[msk1437]

So right now if I'm using a credit card with 0 forex markup on an international trip what other extra charges if any would apply?

 

[bing1309]

Just a doubt.

I'm planning to visit Thailand and Singapore next month. Can i use my Niyo debit and credit card? Will TCS be charged or any amount will be blocked even though i haven't reached 7 lakh threshold?

You can use niyo sbm credit card for tcs avoid if exceeded 7lakh threshold also. I am using same works like a charm