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TCS on scrap

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(Querist)
29 September 2020 Dear Sir,
We are Manufacturers and scrap generated will be sent to our supplier,who is also manufacturer. Can we charge TCS on this scrap sales? if yes, at what rate we will charge?? Pls clarify.
Thanking you
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
29 September 2020 Yes charge 1% TCS on scrap sales.
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Gopal Bhosle

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Gopal Bhosle (Querist)
30 September 2020 Thank you sir for your rply




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