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 :
- IGST on Commercial Rental Income (Different State)
- Revocation of suo moto cancelled GST registration
- Is there any faculty taking chapterwise test in CA
- Late Fees and Interest
- HDFC Bank’s Bureaucracy: The Nightmare of Fl
- Running a CSC Center, Maha E-Seva Kendra, Setu Ken
- GSTR-9 Table 8A issue
- CA Inter Coaching institutes at Hyderabad
- Looking for practising CA
- TDS return filing
Related Topics :
CAclubindia
