Hello Sir
i wan to start trading business of alluminium scrap and its HSN code is 76020010. So TCS applicable on this item or not ? and if yes How many rate applicable for the same.
Menu
TCS on alluminum scarp
Replies (8)
Yes, If You want to deal scrap business then TCS applicable as one percent...
If You Purchase scrap then Your supplier collect TCS
If You Sale scrap then You will collect TCS from Your customer...
If You Purchase scrap then Your supplier collect TCS
If You Sale scrap then You will collect TCS from Your customer...
Sale of scrap gst is also applicable
| Originally posted by : sabyasachi mukherjee | ||
 |
Sale of scrap gst is also applicable |  |
Naaraayanaa... Intha kosu thollai thaanka mudiyala, Naaraayanaa...
😇😇😇😇😇😇😇😇😇
Dr. Bank 110
Cr. GST 3.5
Cr. Sgst 3.5
Cr. Tcs 3
Cr. Sales 100
| Originally posted by : Yasaswi Gomes new | ||
|
Dr. Bank 110 Cr. GST 3.5 Cr. Sgst 3.5 Cr. Tcs 3 Cr. Sales 100 |
|
Why this?
and
What is this...??
I'm practicing GST plus tcs entries.
| Originally posted by : Yasaswi Gomes new | ||
|
I'm practicing GST plus tcs entries. | |
Ohhh okay okay...
Tcs stands for tax collected at source.
Recent Threads
- ITR for Trust- 12A
- Proprietorship to Pvt Ltd - Is Slump Sale / BTA ma
- Pan and Aadhaar Link Issue
- Fund Transfer to Foreign Country and TCS provision
- ITR updated return
- Company change Status from CIRP into Active
- Can a LLP Park money in MFs and do F&O
- ACCOUNTING TREATMENT FOR FIXED ASSETS STANDING AT
- GST Rule 14A and Form GST REG-32: Simplified Regis
- Filed Hotel commission from International Company
Related Threads
CAclubindia
