Menu
GST on sale of scrap
My company wants to sell furniture as scrap to a scrap dealer having no gst registration. I would like to know the applicability of gst in this case.
Replies (4)
Quick Summary
If your company is registered under GST, then gst would be applicable inspite of have whether the recepient is unregistered.
Yes GST Applicable .
Wooden scrap tax at 5%, HSN 4401, entry 198, notification 1/2017-CGST(rate) schedule I.
Yes GST is Applicable @ 5%
Recent Topics :
- Reply plz guys
- Tax Deduction and Collection Account Number
- Where can students practice XAT PYQs effectively?
- Gst on Guest house 5% without ITC
- How do you collect documents from clients for ITR
- GST ITC on Construction/ Tenant Specific Renovatio
- GST Treatment and Reporting of Share & Mutual
- AGM Defective Notice
- IMS Rejection of Sales and Sales return
- Taxation of Gift - Father to Daughter
Related Topics :
CAclubindia
