TDS @ 20% u/s 195
=20%
Add: Surcharge
@ 15% (as total consideration exceeds Rs.1 crore surcharge is applicable)
=23%
Add: Education Cess @ 4%
(w.e.f. 01.04.18)
=23.92%
Total TDS To be deducted

Effective rate of TDS including Surcharge and Cess
23.92 % .
W.e.f 1st April 2018 for NRI SELLERS