Applicability of Section 206C

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..... An assessee is the Manufature of flour from the wheat. The raw material comes in the Bardan which is being sold by the assessee to the supplier who is suppling the Packing material for Finished Goods. .....

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..... The query is that whether Section 206C is applicable i.e. TCS on sale of scrap when aseessee sales the Bardan. - Reply By malhar shenoy - The Reply = For the purpose of TCS Scrap means Waste .....

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..... Scrap from the manufacture or mechanical working of materials which is definitely not usable as such because of Breakage , Cutting up, wear other reasons. - Applicability of Section 206C - Que .....

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..... ry Started By: - Nitin Harsora Dated:- 6-12-2011 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxman .....

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..... agementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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