Scrap sales in gstr 1
This query is : Resolved
16 August 2018
Sir, Pls reply for the following query.
1. Under which section, the manufactured iron scraps are posted in Form GSTR 1.
1. Under which section, the manufactured iron scraps are posted in Form GSTR 1.
08 January 2020
I have the same query sir.
Can any one clarify it
Can any one clarify it
23 July 2025
For **sales of manufactured iron scraps**, in **GSTR-1**, you should report them under the appropriate **outward supplies** section based on the nature of your sales.
Here’s how you can classify and report scrap sales in GSTR-1:
### 1. **Where to report scrap sales in GSTR-1?**
* **If you are selling scrap (excisable or non-excisable goods) and it is a taxable supply:**
Report under **Table 6B (Outward taxable supplies made to registered persons (B2B))** or **Table 7 (Outward taxable supplies to unregistered persons (B2C))**, depending on the buyer’s GST registration status.
* **HSN Code:**
Use the appropriate **HSN code for scrap iron/steel**, which is typically **7204** (Ferrous waste and scrap).
* **Rate of GST:**
Confirm the applicable GST rate on scrap iron. As per GST schedule, **scrap (iron, steel)** is usually taxed at **18%** (9% CGST + 9% SGST), but check the latest notifications.
---
### 2. **Example Entry in GSTR-1**
| Field | Description |
| ------------------ | ------------------------------------- |
| Invoice Number | Your invoice number for scrap sale |
| Invoice Date | Date of sale |
| GSTIN of Recipient | GSTIN of buyer (for B2B) |
| Place of Supply | State code of buyer's location |
| HSN Code | 7204 |
| Taxable Value | Value of scrap sale |
| Tax Rate | Applicable GST rate (e.g., 18%) |
| CGST Amount | Calculated CGST |
| SGST/UTGST Amount | Calculated SGST/UTGST |
| IGST Amount | If interstate supply, IGST applicable |
---
### Summary:
* Post scrap iron sales under **Table 6B or Table 7** in GSTR-1.
* Use HSN code **7204**.
* Apply applicable GST rate (mostly 18%).
* Include all invoice details properly.
If you want, I can help you draft a sample GSTR-1 entry or check any other specifics related to scrap sales.
---
**Would you like to know how to handle scrap sales in GSTR-3B or details on GST rates for scrap?**
Here’s how you can classify and report scrap sales in GSTR-1:
### 1. **Where to report scrap sales in GSTR-1?**
* **If you are selling scrap (excisable or non-excisable goods) and it is a taxable supply:**
Report under **Table 6B (Outward taxable supplies made to registered persons (B2B))** or **Table 7 (Outward taxable supplies to unregistered persons (B2C))**, depending on the buyer’s GST registration status.
* **HSN Code:**
Use the appropriate **HSN code for scrap iron/steel**, which is typically **7204** (Ferrous waste and scrap).
* **Rate of GST:**
Confirm the applicable GST rate on scrap iron. As per GST schedule, **scrap (iron, steel)** is usually taxed at **18%** (9% CGST + 9% SGST), but check the latest notifications.
---
### 2. **Example Entry in GSTR-1**
| Field | Description |
| ------------------ | ------------------------------------- |
| Invoice Number | Your invoice number for scrap sale |
| Invoice Date | Date of sale |
| GSTIN of Recipient | GSTIN of buyer (for B2B) |
| Place of Supply | State code of buyer's location |
| HSN Code | 7204 |
| Taxable Value | Value of scrap sale |
| Tax Rate | Applicable GST rate (e.g., 18%) |
| CGST Amount | Calculated CGST |
| SGST/UTGST Amount | Calculated SGST/UTGST |
| IGST Amount | If interstate supply, IGST applicable |
---
### Summary:
* Post scrap iron sales under **Table 6B or Table 7** in GSTR-1.
* Use HSN code **7204**.
* Apply applicable GST rate (mostly 18%).
* Include all invoice details properly.
If you want, I can help you draft a sample GSTR-1 entry or check any other specifics related to scrap sales.
---
**Would you like to know how to handle scrap sales in GSTR-3B or details on GST rates for scrap?**
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
- Gst registered proprietorship firm
- TDS Challan - change of FY 2025-26 to TY 2026-27
- Price inclusive or exclusive of GST while made entry in P& L Account
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- Minimum tax payable to file Updated return
- UDIN ISSUE
- GST ISSUE OF INPUT AND OUTPUT GST
- GST Intimation due to Government took possession of Business Premises under PPE Act
- Salary from Qatar in Dollars in India
- Change Of Karta In Case of Death
- Non filing of I T Returns
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
