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Do i have to collect tcs if i am selling scrap ?

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23 Points Posted on 28 October 2018

If yes how much % should I Collect and TCS will be computed on Basic Value or Total Invoice Value.

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On 28 October 2018 at 09:31 Report
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45 Points Posted on 28 October 2018
TCS should be collected on scrap sales.

you have to collect 1% of the basic sale amount EXCLUDING GST portion
1 Reply
On 28 October 2018 at 09:56
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3924 Points Posted on 28 October 2018
you required TCS number of Income Tax dept to collect TCS . Rate of TCS is 1% on scrap .
5 Reply
On 28 October 2018 at 09:57
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23 Points Posted on 28 October 2018
Should TCS value be mentioned in tax invoice ? If yes should I calculate GST inclusive of TCS
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On 28 October 2018 at 18:39
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23 Points Posted on 24 January 2019

Should TCS Value be mentioned in Tax Invoice ?

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On 24 January 2019 at 13:09


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