GST on sale of scrap

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16 Points Posted on 26 November 2020
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.
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On 26 November 2020 at 14:37 Report
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This discussion clarifies the Goods and Services Tax (GST) implications when selling furniture as scrap to a dealer without GST registration. If your company is registered for GST, you must still charge GST on the sale, regardless of the buyer's registration status. For wooden scrap, GST is applicable at a rate of 5% under HSN 4401, as per notification 1/2017-CGST(rate) schedule I.

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96 Points Posted on 26 November 2020
If your company is registered under GST, then gst would be applicable inspite of have whether the recepient is unregistered.
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On 26 November 2020 at 15:22
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GST Practitioner
55067 Points Posted on 26 November 2020
Yes GST Applicable .
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On 26 November 2020 at 15:42
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GST consultants
89 Points Posted on 26 November 2020
Wooden scrap tax at 5%, HSN 4401, entry 198, notification 1/2017-CGST(rate) schedule I.
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On 26 November 2020 at 16:28
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Sr.manager
22 Points Posted on 27 November 2020

Yes GST is Applicable @ 5%

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On 27 November 2020 at 11:39

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