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Scrap Sale (

Tax queries 305 views 2 replies

We raise a Scrap Sale Bill to GST Unregister Party (but Pan card  avail) dated  26/09/2022 value Rs. 28,300.00(Including GST+ TCS 5%) 

For this Purpose  in previous we have received ADVANCE from Party Rs.9500.00 (Dated 05/09/2022), Rs. 9000.00( Dated 18/09/2022) &  balance Amount Rs.  9800.00  (Dated 26/09/2022) for this above invoice purpose

Any Problem will Occurred against this in  INCOME TAX & GST. for this reason

Replies (2)
If you provide tcs certificate then no problem.
There is no problem in GST as u collect GST and Paid...
under TCS pay TCS to Govt and file TCS return,

that's it


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