Old air conditioners and related metal parts sold as scrap are generally classified under HSN 7204 (ferrous waste and scrap). The applicable GST rate on such scrap sale is 18%. Classification depends on material composition of dismantled AC parts.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
30 August 2018
old Air Conditioners used as business assets in a mfg unit sold to scrap dealer along with ducting and piping. Would like to know what percentage should be levied on such scrap sale amount.