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TCS on Scrap

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07 August 2008 TCS is applicable on scrap generated through manufacturing activities. If a trader purchases scrap from Manufacturer/ Trader and sales the scrap to another traders or manufacturer, Whether TCS is applicable ? (as he is not the manufacturer of scrap)

07 August 2008 For the trader it is not applicable when he sells to another trader.

07 August 2008 Sir, Thanks for giving valuable guidance.

What will be the situation if scrap is sold by trader to a manufacturer?


19 June 2023 TCS not applicable.



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