TCS ON SALE OF SCRAP
This query is : Resolved
11 March 2021
1.We are a manufacturing unit of rubber rolls. we sold our scrap of rubber to other manufacturing company, are we liable to collect TCS?
2. is there any difference if we made sale of scrap to a person who is a trader of scrap?
2. is there any difference if we made sale of scrap to a person who is a trader of scrap?
11 March 2021
1 yes, TCS applicable.
2 No difference.
2 No difference.
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