TCS, TDS & Other Charges

Beyond GST, invoices sometimes need other adjustments. Clorvia supports these on the invoice.

TCS (Tax Collected at Source)

Where TCS applies to a sale, record the TCS amount on the invoice so the total the customer pays is correct and the collection is captured for your filings.

TDS (Tax Deducted at Source)

Where the customer deducts TDS on a payment, record the TDS amount so the expected receipt and the party’s balance are accurate.

Discounts

Apply a discount at the line level. The taxable value and GST recalculate so the final figures stay correct.

Round-off

Clorvia can apply a round-off to bring the grand total to a clean rupee figure, shown clearly on the invoice.

Profit on a sale

Because items carry a purchase price, Clorvia can show the profit on a sale (selling price minus cost). It’s a handy way to see margin at a glance.

TCS/TDS rules vary by transaction and turnover. If you’re unsure whether they apply, check with your accountant — Clorvia gives you the fields to record them accurately once you know.

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