TCS on Scrap

Hi,
I want to know that is there any limit mentioned under the Income Tax Act for deducting TCS on sale of Scrap.

Suppose A firm sold a scrap of empty boxes which is used for packing to a waste purchaser(Kabadia).
Now i want to know whether there is any liability on the part of the company to deduct TCS out of Sale proceeds.The company/Firm which i am taking about manufacture cloth from yarn & there is no Excise Duty applicable on that Firm/Company.
Sale of Scrap is about 40000-50000 per year.

Kindly Help

Thanks
Vishal