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What all taxes to pay for business of selling and buying scrap
18-Mar-2023 (In Tax Law)
We are a LLP company dealing with purchase and selling of scrap (plastic, metal, paper). We want to know the different tax involved in such operations. We buy scrap from houses, shops, factories. We sell scrap to recyclers. thanks
Many kinds of registration would be applicable on the nature of business you own. Shops and establishments act, VAT, income tax, etc would be required depending upon various parameters like the turnover, setup
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