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TCS on scrap Sale

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(Querist)
22 July 2010 We are manufacturing an FMCG product. I want to know whether I will be liable to charge TCS on sale of scrap generated from packing material used in packing the finished product

Sanjeev
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Ram Avtar Singh

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Ram Avtar Singh (Expert)
22 July 2010 Yes, TCS applicable on scrap.
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CA. BIJENDER KR. BANSAL

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CA. BIJENDER KR. BANSAL (Expert)
22 July 2010 Agreed with experts.
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