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Taxability of waste & Scrap

This query is : Resolved 

29 April 2010 Dear Sir,
I am a Final Year Student as i reading the case Of Khandewal metal & Engineering Work, i come to knw abt the taxability of waste & scrap. Sir, i want to knw abt the rate at which it will be taxable. Whether it sholud be of the main product or it should bear the rate of waste & scrap?

29 April 2010 The rate applicable for scrap would be liable.



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