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TCS - scrap

This query is : Resolved 

12 February 2010 We are selling scrap to various customers and sometimes we do sale some items as scrap to our own employees.

Do we need to deduct TCS when selling scrap to our own employees?
Kindly suggest in detail.

12 February 2010 yes, TCS doesn't make difference between employee and other person.
TCS applicable on sale of scrap so deduct TCS on sale scrap to employees

12 February 2010 Yes, I agree with the expert.
However the scrape should be of manufactured items. As normally it is misunderstood with other scrape.


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