Tcs applicable or not
This query is : Resolved
TAVKER NIKUNJ
(Querist)
05 May 2018
ONE OF MY CLIENT HAVE BUSINESS OF MANUFACTURING OF CABLE TIE AND THEY SALE PLASTIC SCRAP AROUND 150000.00 DURING YEAR.
THEN IN THIS CASE TCS APPLICABLE OR NOT....
THEN IN THIS CASE TCS APPLICABLE OR NOT....
13 May 2018
Since the scrap has been generated from a manufacturing process, Section 206C is applicable and TCS provisions are applicable to this transaction.
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