Excise duty will be paid on scrap.

@ Bhaskar, If you are under Excise and if you are selling scrap, then you will have to charge Excise duty @ 12.36% and vat as per applicable. TCS @ 1% is similar to TDS. You will have to deduct TCS against the bill value.

Regards

Anandan.s

Mr. Bhaskar first your the duty on M.S.Scrap assassable vale than State tax is applicable than you put the TCS @ 1% ie; your product value is Rs. 100 than you charged Excise Duty 12.36% your Bill value is 112.36 than state tax if 4% 4.49 Bill value is 116.85 than TCS is applicable 1% 1.17 than total value is 118.02

Deepak Rohera