TCS is levied of sale of motor vehicles and luxury goods whose value exceeds Rs. 10,00,000 for each good. Luxury goods wrist watch, art piece such as antiques, painting, sculpture, collectibles such as coin, stamp, yacht, rowing boats, canoes, helicopter, pair of sunglasses, bag such as handbag, purse, sportswear and equipment such as golf kit, ski-wear, home theatre system, horse for horse racing in race clubs and horse for polo.​