HSN Code and GST Rate on Sale of Scrap Materials



The highest rate of GST for scraps material is 18% Meaning of scrap As per business dictionary "scrap" means "waste that either has no economic value or only the value of its basic material content recoverable through recycling". What is Metal Scrap? Metal scrap means scrap of item covered
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FCA , FCMA ,MBA(Fin) , M.Com (Gold Medallist), LL. B, CIPM , Investment Analyst Portfolio Management. CA. S K Mishra, possess more than a decade of experience in all facet of finance domain. He possess expertknowledge on Direct Tax ,GST Capital Market. Hisarticles on Finance , Accounts,Corporate allied Laws G ... Read more

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