Tcs for gst or tds for income


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Quick Summary
This discussion clarifies the applicability of TCS (Tax Collected at Source) and TDS (Tax Deducted at Source) on the sale of scrap. While TCS under Income Tax may apply to scrap sales, GST TCS is generally not applicable. TDS, however, can be applicable to scrap sales.

06 January 2021 There is any applicability TCS on sale of scrap of Wood


07 January 2021 TCS under income tax is applicable on scrap sale.GST TCS is not applicable on scrap sale.

07 January 2021 Gst not apply for sale of scrap tcs ?

07 January 2021 But apply for tds sale of scrap


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