EASYOFFICE
EASYOFFICE

on which amt TCS would be calculated

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(Querist)
28 August 2010 what will be the selling price while calculating tcs on sale of scrap?

sales 400000
+ VAT 4% 16000
416000
OR
sale price without vat which is Rs.400000?

on which amt tcs should be deducted?
400000 OR 416000
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sagar

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sagar (Expert)
29 August 2010 While calculating TCS. Selling price is Rs.416000

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