Reg - scrap sale
This query is : Resolved
10 November 2011
We are engaged into manufacturing of aluminum conductor. During the process whatever the scrap generated we want to sale to dealers within Odisha and outside Odisha.
There are also some wooden mixes up inputs which also intend to sale as scrap.
Pl. let me know what is % of Excise, VAT & TCS is applicable\
There are also some wooden mixes up inputs which also intend to sale as scrap.
Pl. let me know what is % of Excise, VAT & TCS is applicable\
10 November 2011
Excise duty on aluminium scrap 10+2+1% cst 2% TCS 1% applicable. if buyer is manufacturer he will forvide TCS Declaration form 27C then TCS will not deduct.
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