tcs on srap sales

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  1. aprajita

    aprajita New Member

    Party A sells scrap for Rs. 21,584 and deduct vat at the rate of 5% so net amount is
    gross 21584
    Vat 1079
    net 20505

    Now my question is whether tcs to be collected on Rs. 21584 or Rs. 20505
     
  2. Chandrashekar M

    Chandrashekar M Active Member

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