Hi Friends
Can anyone tell me whether on sale of ash produced from coal on generation of electricity will be liabile to tcs or not?
If anyone have any guidance note, circuilar etc then please mention this also.
Regards
Shivani Maheshwari
Menu
Tcs on coal ash
Replies (2)
No, it will not attract TCS. It is not scrap generated out of manufacturing activity. Refer Explanation (b) to Section 206C.
Can you explain me that you are saying that it is not arising from the manufacturing process?
Recent Threads
- Planning of Ceased a Business i.e Closure of Compa
- Property value in 26QB
- Form 26QB Multiple Buyer/Multiple seller
- Company Formation for clothing business
- TDS on purchase 194Q
- Compensation for urban land acquisition
- Understanding section 269st
- CASH AS GIFT OR FD AS GIFT
- NPS Pre Maturity full exit taxation rules
- Planning to ceased a Business
Related Threads
CAclubindia
