Chareability of TCS

642 views
User Avatar

Customs Broker International logistics
52 Points Posted on 15 March 2009
A party is selling assorted and rejected garments and charging 2% CST against C Form .Plese clarify whether he should to collect TCS also u/s 206C? If so, TCS on "with CST amount" or on gross sale price?
Will reusable garments will come under scrap category?
Reply Share Follow
On 15 March 2009 at 14:13 Report
Replies (2)
User Avatar

Advocate- Tax
6957 Points Posted on 15 March 2009

Scrap has been defined in explanation (b) of the Section 206C of IT Act. On rejected reusable garments no TCS is applicable.

Reply
On 15 March 2009 at 19:20
User Avatar

Customs Broker International logistics
52 Points Posted on 16 March 2009

Thank you very much sir

Reply
On 16 March 2009 at 12:30

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. LTCG: Home Loan Principal Repayment?
  2. Ims action relationship query
  3. GIFT REGARDING
  4. TDS on salary to non resident managing director
  5. Ewaybill and Transport documents (Lorry receipt)
  6. LTCG on sale of Builder Buyer Agreement
  7. Rule 13(2)(h) and valuation of CCDs
  8. Leave encashment, New labour code, Management cadr
  9. GST clarification needed:
  10. TDS processed with short deduction default

More recent discussions | Post

Related Topics :

Loading

Latest Job Openings

View all
Company
ARTICLESHIP 17 August 2026
Article Assistant

Jain Ankit and Co

Gurgaon

CA Inter

View Details
Company
19 August 2026
PAID ARTCILE ASSISTANT

My Legal Tax Consultants Pvt. Ltd.

Noida

CA Inter

View Details
Company
18 August 2026
CA Semi Qualifies

Goyanka and Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 26 August 2026
Article Assistant

ANIVESH CONSULTANTS LLP

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 14 August 2026
Article Assistant

N J Suresh & Associates

Bengaluru

CA Inter

View Details
Company
27 August 2026
ACCOUNTANT

CHARUPREETI & CO

Noida

Graduate (Any)

View Details
Company
ARTICLESHIP 29 August 2026
Article Assistant

RRPM & ASSOCIATES LLP

Chennai

CA Inter

View Details
Company
14 August 2026
Article Assistant CA Articleship

Eshwar & Co Chartered Accountants - Nungambakkam

Chennai

CA Inter

View Details