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Rate of tcs & applicability

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Querist : Anonymous

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Querist : Anonymous (Querist)
05 December 2016 SIR

I AM RUNNING A PRIVATE LTD. CO & WANT TO SALE SCRAP TO INDIVIDUAL PERSONS ( KABAADI ) WHAT RATE OF TCS WILL BE APPLICABLE AND LIMIT OF BILL IN CASH SALE OF SCRAP IF ANY. PLEASE DO THE NEEDFUL & OBLIGED.


THANKING YOU

MUKESH K SABRI

05 December 2016 1% is the tax rate. No limit for cash bill up to 30-05-2016, thereafter 2,00,000 per bill.



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