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

418 views 1 replies

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?

Replies (1)
You can not charge GST untill you are registered under GST, rate of GST of alluminum scrap is 18 , I am not sure, under chapter 76


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register