Tcs provision on scrap sale worth rs 4,00,000 by cash

Avinash Jeevan Dsouza (Accounts Officer & In charge)   (3298 Points)

04 April 2018  

We are selling some alluminium and some metal items to a registered party under GST. He wants to pay it through cash. 

1. Do we need to deduct the TCS ?

2. Do we need to charge the GST?

3. What is the limit for TCS?

4. Rate of TCS?

5. HSN code for scrap sale?