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Tcs on iton scrap

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(Querist)
20 November 2011 What is TCS applicable on Iron Dealer and seller & buyer
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Ram Avtar Singh

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Ram Avtar Singh (Expert)
20 November 2011 TCS in Iron scrap 1% applicable. manufacturer will issue Form 27C (TCS Declaration from) then TDS not to be deduct.
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CA SUMiT PATWARi

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CA SUMiT PATWARi (Expert)
20 November 2011 seller of iron scrap tas to collect tcs from the buyer @1%
the buyer of material can claim credit for the same.
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CA SUMiT PATWARi

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CA SUMiT PATWARi (Expert)
20 November 2011 seller of iron scrap tas to collect tcs from the buyer @1%
the buyer of material can claim credit for the same.

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