A company sells POY yarn and the goods returned in the depot of the company due to quality issue are downgraded into Waste Quality and then this return and downgraded waste is sold to the 3rd party.
Whether TCS is required to be collected on such sale of waste from depot as well??
Arvindkumar Maniar & Co.
Rajkot
CA
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Gowra Ventures Pvt Ltd
Hyderabad
CA
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BHUPINDER SHAH AND COMPANY
New Delhi
CA Inter
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Triveni Turbine Limited
Bengaluru
CA
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Jawahar and Associates Chartered Accountants
Hyderabad
CA Inter
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CAclubindia
