Tas collected as source
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 December 2012
we are manufacturing co. for manufactuing purpose we are buing some raw materials through gunny bags,after that we sales the gunny bags by cash, will u plese advice me that shall we charge TCS 1% on the same sale.pl. advice.
05 December 2012
The gunny bags are scrap for you. However, it is NOT a result of manufacturing process. Accordingly, there is no requirement to collect TCS.
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 December 2012
Thank you ,
05 December 2012
You are welcome. You should use the thanks button to convey your thanks.
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