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TcS

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(Querist)
18 June 2009 I can't understand how can i calculate tcs on scrap sale bill?
whether on invoice value?(which is including Vat)
or whether on assessable value?
or whether the value after central excise 8.24%charged?

please help me
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CA. Dashrath Maheshwari

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CA. Dashrath Maheshwari (Expert)
18 June 2009 The TCS is to be calculated on the bill amount including all taxes.

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