Dear Sir / Madam.,
At the time of Scrap sales TCS applicable...
In case A scrap dealer sell his Scrap to another one...
Is this Transaction is applicable TCS...?
Thanks in Advance
2 Replies
Rachit Jain
(99 Points)
Replied 02 October 2017
Yes Sir TCS shall also be applicable to such transaction provided that the buyer of such scrap f
Rachit Jain
(99 Points)
Replied 02 October 2017
Sry for incomplete answer...
If the buyer of such scrap furnishes a declaration that such scarp shall be used for purposes other than trading then TCS shall not be applicable. Such declaration should be verified.
If the buyer of such scrap furnishes a declaration that such scarp shall be used for purposes other than trading then TCS shall not be applicable. Such declaration should be verified.
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