There is no basic exemption limit in case of TCS collected over scrap. If seller is liable to collect TCS (over scrap), it has to be collected from all the sells transactions without any basic limit.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(168037 Points)
Replied 01 May 2024
There is no basic exemption limit in case of TCS collected over scrap. If seller is liable to collect TCS (over scrap), it has to be collected from all the sells transactions without any basic limit.
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