Crumb Rubber
This query is : Resolved
29 August 2025
Sir,
We are manufacturing of Tyre Remoulding products i.e Precured Tread Rubber etc. while producing the Precured Tread Rubber (Finished Goods) 3% to 5% of Crumb Rubber & Rubber Flash generated from finished goods.
we are using crumb rubber generated from above process to further process of semi finished goods i.e Master compound of Precured Tread Rubber .
presently we are showing only finished goods entry in tally erp i.e Precured Tread Rubber.
Please guide us how can i show this above process and whether its effect to GST ?
Thanks & Regards
SANJAY
We are manufacturing of Tyre Remoulding products i.e Precured Tread Rubber etc. while producing the Precured Tread Rubber (Finished Goods) 3% to 5% of Crumb Rubber & Rubber Flash generated from finished goods.
we are using crumb rubber generated from above process to further process of semi finished goods i.e Master compound of Precured Tread Rubber .
presently we are showing only finished goods entry in tally erp i.e Precured Tread Rubber.
Please guide us how can i show this above process and whether its effect to GST ?
Thanks & Regards
SANJAY
07 September 2025
Practical Steps in Tally ERP
Create distinct stock items for all by-products and semi-finished goods.
Configure a Production Voucher, showing input materials, finished goods, and generated by-products.
Use Voucher Types such as “Stock Journal” for transferring crumb rubber/rubber flash to semi-finished goods and recording consumption.
Maintain BoM and stock journals for inventory tracking and GST compliance.
Create distinct stock items for all by-products and semi-finished goods.
Configure a Production Voucher, showing input materials, finished goods, and generated by-products.
Use Voucher Types such as “Stock Journal” for transferring crumb rubber/rubber flash to semi-finished goods and recording consumption.
Maintain BoM and stock journals for inventory tracking and GST compliance.
07 September 2025
GST Implications
Crumb rubber and flash generated during process are considered by-products, and if sold or transferred, they attract GST at 18%; they are classified under HSN code 4004.
Internal consumption (using by-products for further processing inside the same company) does not require separate GST payment, but proper documentation is essential to ensure accurate stock valuation and compliance. If these by-products are ever sold, GST must be charged at 18%.
Finished goods (Precured Tread Rubber) attract GST at 18%, unless specifically exempted for certain types or uses.
Crumb rubber and flash generated during process are considered by-products, and if sold or transferred, they attract GST at 18%; they are classified under HSN code 4004.
Internal consumption (using by-products for further processing inside the same company) does not require separate GST payment, but proper documentation is essential to ensure accurate stock valuation and compliance. If these by-products are ever sold, GST must be charged at 18%.
Finished goods (Precured Tread Rubber) attract GST at 18%, unless specifically exempted for certain types or uses.
16 September 2025
You are welcome.
21 September 2025
Good luck....
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Applicability of TDS on CFS, CHA fees, and shipping line charges
- Notice from IT DEPTT IF FD AMOUNT EXCEEDS 10 LACS
- Limited Liability Partnership Firm
- Unable to generate and save json file for updated return
- GST payable under RCM
- Applicablity on tds
- Section 194I not showing in TDS RPU for Compnay Assessee for TDS on rent
- LTCG offset against property buy
- PRODUCT AND SERVICE CATEGORY CODE
- Tax audit & Switching from Presumptive taxation
- Regarding TDS not deducted on rent
- REGARDING CLAIM OF LAST YEAR TDS
- Regarding income tax return of company and LLP
- Import purchase entry
- Under which tax head RCM on Commission on Sale is to be paid.
- Rule 54(1A) for Distributing ITC
- EXCESS CREDIT REALTED GST REVERSAL
- Export invoice not reported
- CA Articleship Extension Matter
- GST OFFICER WRONG NOTICE
Trending Online Classes
-
LIVE Course on GSTR-9 & GSTR-9C (Technical | Practical | Concept - Based)
Sachin Jain03 November 2025
CAclubindia
