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education cess

This query is : Resolved 

03 August 2007 WHILE MAKING SALE OF SCRAP ITEMS/OLD USED ITEM WE HAVE BEED COLLECTING VAT AS WELL AS TCS. I HAVE A DOUBT WHETHER WE HAVE TO COLLECT EDUCATION CESS ON THIS BILL

03 August 2007 You have to collect Ed. Cess on TCS as well, just like TDS.

04 August 2007 IF WE ARE SELLING A USED PLANT AND MACHINERY I THINK WE ARE NOT LIABLE TO COLLECT TCS. IN THIS CASE I FEEL THAT ONLY VAT IS TO BE COLLECTED BUT NO EDUCATION CESS

10 August 2007 Right. There is no Ed. Cess on VAT.

Raj (Expert)
10 August 2007 EDUCATION CESS ONLY ON TCS ITS APPLICABLE NOT ON VAT


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