Tcs rate on scrap sale

what's is new rate of Tcs on scrap
sale
Replies (2)
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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