banner_ad

Gst on scrap iteams.

This query is : Resolved 
Profile Image

Profile Image

(Querist)
11 June 2017 What is the slab of GST finalised for Iron , Steel & other metal Scrap? (Earlier it was 5% VAT)
Profile Image

CA Rashmi Gandhi

Profile Image

CA Rashmi Gandhi (Expert)
11 June 2017 Now it is in 18% tax rate.
Profile Image

Saksham Sachdeva

Profile Image

Saksham Sachdeva (Querist)
11 June 2017 18 % is for new Iron steel products. Is 18 % GST is also for IRON SCRAP (old iron & steel)?
Profile Image

CA Rashmi Gandhi

Profile Image

CA Rashmi Gandhi (Expert)
11 June 2017 Yes for all metal scrap rate is 18%
Profile Image

Saksham Sachdeva

Profile Image

Saksham Sachdeva (Querist)
11 June 2017 So how is news agencies declaring that Steel industry will be benified from GST. As for a Metal Scrap trader the new tax rate is more the 3 times the VAT i.e. from 5% to 18%? Only for manufacturers it counts to 19.5% not for a Scrap trader?
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
04 May 2026
Articleship

S.K Gairola & CO

New Delhi

B.Com

View Details
Company
08 May 2026
CHARTERED ACCOUNTANT

SHAH LADHA AND ASSOCIATE

Ahmedabad

CA

View Details
Company
05 May 2026
Accountant

Sanjay K Pathak & Associates

Noida

Graduate (Any)

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details
Company
ARTICLESHIP 30 April 2026
Article Assistant

M/s G.K. Choksi & Co.

New Delhi

CA Inter

View Details