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sold of SCRAP MATERIALS


Arindam Paul   31 July 2019

Arindam Paul

 37 points

| My Other Post
dear sir/ madam
please help me ...
If i sold scrap materials or rejection materials and fund received by cheque , then is GST applicable or not ????
if applicable , than what is the rate of percent???
Murugan Shanmugam

Murugan Shanmugam   31 July 2019

Murugan Shanmugam

 8 likes  109 points

View Profile | My Other Post
normally u have to charge 18 percent gst and also u have to collect 1percent tcs from the recepent
CA Haritha Komma

CA Haritha Komma (Chartered Accountant)     31 July 2019

CA Haritha Komma
Chartered Accountant 
 77 likes  1147 points

View Profile | My Other Post

GST needs to be paid but rate depends on material of scrap i.e., plastic, aluminium etc.


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