TCS on scrap Sale

This query is : Resolved 

22 July 2010 We are manufacturing an FMCG product. I want to know whether I will be liable to charge TCS on sale of scrap generated from packing material used in packing the finished product

Sanjeev

22 July 2010 Yes, TCS applicable on scrap.

22 July 2010 Agreed with experts.




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