Tcs applicable for resale of scrape

This query is : Resolved 

20 December 2014 Sir,
I have query for tcs is applicable for resale of scrape and resale of wood under section 206 give me the answer and also give me example

21 December 2014 TDS on scrap is applicable in manufacturing scrap only under section 206C. In your case wood is not manufacturing scarp therefore no TCS will applicable if it is not comes as result of Manufacturing process

22 December 2014 tcs applicable on the mfg. if it trading then no tcs applicable.


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