taxes on sale of scrap steel
This query is : Resolved
prasad mullapudi
(Querist)
05 April 2011
My company selling scrap steel, Please tell what taxes we have to pay for the same.
thanks in advance
thanks in advance
CA Navin Jain
(Expert)
05 April 2011
excise duty, vat and tds would be applicable on sale of scrap
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prasad mullapudi
(Querist)
05 April 2011
sir, explain the rate of ED,VAT and TDS on sale of steel scrap
CA Navin Jain
(Expert)
05 April 2011
not tds, TCS @1 %,
CA Navin Jain
(Expert)
05 April 2011
ED AND VAT RATE WILL BE APPLICABLE AS RATE APPLICABLE ON FINISH PRODUCT
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