02 January 2010
In my opinion, glass bottles are packing material and waste or scrap of theres material is not come under the defination of scrap as per sec. 206C. Hence your thinking is correct.
02 January 2010
In my opinion, glass bottles are packing material and waste or scrap of theres material is not come under the defination of scrap as per sec. 206C. Hence your thinking is correct.
02 January 2010
Yes, You and Vijay both are correct on non collecton of Tax. Selliing broken glass as scrape are not from the manufacturing activities and hence scrape arising from packing materials are not covered under TCS
CAclubindia
