Gst & tcs against scrap sale (u/s 206c of it act)

This query is : Open

Rajiv Ranjan Jha (Querist)
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24 August 2017 Dear Sir/Madam,

Kindly clarify whether Income Tax TCS on sale of Scrap (u/s 206C) should be included in the Value of Supply and GST has to be charged on Income Tax TCS or TCS has to be charged on value of goods including GST?

Thanks.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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25 August 2017 TCS to be collected on Value of Goods Excluding GST.

Rajiv Ranjan Jha

Rajiv Ranjan Jha (Querist)
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28 August 2017 Respected Sir, Answer not complete. Please clarify the both tax of GST & TCS with example.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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29 August 2017 Say for example....
sale of scrap 10000
GST 18%, TCS 1%

GST amount will be Rs 1800

TCS amount will be Rs 100

Total amount to be collected =(10000+1800+100)=11900

Hope its clear now.

Rajiv Ranjan Jha

Rajiv Ranjan Jha (Querist)
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30 August 2017 Respected Sir, State of both Consigner and Consignee is Haryana, and Unregistered Transporter hired from Delhi for goods movement. Payment of Freight to Unregistered Transporter (Delhi) by Consigner (Haryana). In this condition; liability for GST payment of Consigner (Haryana) under reverse charge mechanism. OK.

Sir; my query as under :-
1.) Tax liability @5% under IGST, or
2.) Tax liability @5% under CGST & SGS
Sir, please clear my doubt. Thanks

Rajiv Ranjan Jha

Rajiv Ranjan Jha (Querist)
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30 August 2017 Thank you very very very much for resolved my past query.

Rajiv Ranjan Jha

Rajiv Ranjan Jha (Querist)
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30 August 2017 Respected Sir, Thank you very very very much for resolved my past query.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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31 August 2017 In the given case CGST and SGST will be applicable.

Rajiv Ranjan Jha

Rajiv Ranjan Jha (Querist)
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31 August 2017 Understand. But; if registered transporter in same case then, what will applicable?