Applicability of REG 07 and TDS on metal scrap

Others 348 views 2 replies

Sir, we are  regisreterd manufacturer and metal scrap is our raw materil , Is Reg 07 (TDS 2% on purchase of metal scrap)  applicable for us ?? or it is applicable for only dealer like traders who sell the scrap further as it is ??  Thank you in advance 

Replies (2)

sir, thank you for reply, Some where 2.5lac of single bill/contract mentioned , Can you please reply is the value changed from 2.5 lac to 5.00 lac recently by govt ?? thank you


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