Tcs rate on scrap sale

what's is new rate of Tcs on scrap
sale
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Quick Summary
The Tax Collected at Source (TCS) rate on the sale of scrap has been updated. As of May 14, 2020, the rate was reduced from the previous 1% to the current rate of 0.75%. This change affects all scrap sales transactions.

The new rate of TCS on sale of scrap is 0.75%.
TCS rate on scrap is 1% but it is reduced from 14 May 2020 to 0.75%

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