Turning scrap.
This query is : Resolved
RAJENDRA ATMARAM AHIRE
(Querist)
29 October 2009
Dear Sir,
What is the procedure of sales of (excisable) turning scrap ? which documents required ?
What is "weighment for scrap challan book" and who can use its ?
Please help me.
Thanks & Regards,
Rajendra Ahire
What is the procedure of sales of (excisable) turning scrap ? which documents required ?
What is "weighment for scrap challan book" and who can use its ?
Please help me.
Thanks & Regards,
Rajendra Ahire
Ram Avtar Singh
(Expert)
29 October 2009
Its a industrial scrap like steel scrap(generated by leth machine) you can sold it by charging 8%duty +2%cess +1% H&S cess +vat4% by excise invoice as usual.
if you are not registered with excise then you can sale on ordinery invoice only charging 4%vat
if you are not registered with excise then you can sale on ordinery invoice only charging 4%vat
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
