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Tax collected at source on scrap

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 November 2014 Dear All,
Our company purchasing the liquid items in tins and other materials in bags after usage we are selling the empty tins and bags to party "x" he again reselling that to others. In this connection whether we have to collect TCS on sale of scarp to "x".
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
24 November 2014 the ans is no as it doesnt fall in scrap definition but are reusable goods.
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Querist : Anonymous

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Querist : Anonymous (Querist)
24 November 2014 Thanks for reply
then that means there is no need to collect tcs from party
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
24 November 2014 Yes. No need to collect the TCS in the given case.
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
24 November 2014 no need to collect tcs in this case.
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