Poonawalla fincorps
Poonawalla fincorps

TCS on Scrap

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(Querist)
02 October 2010 we are mfg of plastic components, while mfg we get scrap, at end of the month we sell them under scrap. now we have to charge tcs if yes what is the rate as per whic section

please help me
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Ram Avtar Singh

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Ram Avtar Singh (Expert)
03 October 2010 TCS on scrap inder rule 206ce @1% applicable.

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