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Tax on Scrap Sale

Deepak Maithani (CA STUDENT) (445 Points)

29 February 2008

Dear Professionals,

Could you pls confirm the Tax rate on Scrap Sale for the given below states ?

1: Delhi

2: Haryana

3: Uttar Pradesh

4: Madhya Pradesh

If you have any matrix pls forward it to deepak.maithani @ futurelogistic.com

Regards.

Deepak

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4 Replies

pushpendra (Director- FinMAT Consultants) (1703 Points)
Replied 08 March 2008

scrap or which product

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Deepak Maithani (CA STUDENT) (445 Points)
Replied 08 March 2008

Corrugated Boxes , Polythene , Plastic Straps, Katta etc...

(Guest)

As a purchaser company,,while purchasing the goods,services from outsiders , are we concerned when the party is not charging VAT or service tax or excise in it's bill relating to supply of goods or services?

i.e. aprt from eligibilty to get cenvat/vat or service tax credit does it matter if the sullier of goods or services is registered under theses acts however is not charing any of it in his bill or otherwise he is not registered uinder these acts therefore he is not charging the same in the bill. as a purchasers of goods is it our duty to verify the same?

sanjaya (job holder) (40 Points)
Replied 16 September 2008

What is the tax impact on sale of scrap in Himachal pradesh, our manufactruing unit is located at Baddi, Himachal pradesh. ( We have scrap TMT rods from factory building construction)