Can we sell old unused material as a scrap
This query is : Resolved
19 November 2018
Respected Seniors,
We are packaging machines manufacturer & we have a lots of stock of old material ( casting, flats etc) which is now not useable because we have changed old models . Kindly guide me can we sell our unusable old material as a scrap or not & also confirm about TCS is applicable or not?
We are packaging machines manufacturer & we have a lots of stock of old material ( casting, flats etc) which is now not useable because we have changed old models . Kindly guide me can we sell our unusable old material as a scrap or not & also confirm about TCS is applicable or not?
Amol S Joglekar
(Expert)
19 November 2018
you can sale it as scrap. TCS is applicable
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Amol S Joglekar
(Expert)
20 November 2018
you are most welcome.....
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