GST on Scrap sale



I want to know GST applicable on various Scrap materials
 
Reply   
 
Finance Professional

Manufacturing and sale of all kinds of iron and steel like iron rods, bars, and scraps of iron and steel etc are charged at the rate of 18%

 
Reply   
 

You need to be more elaborate with what type of Scrap it is, It depends on what type of waste/scrap it is, What form it has , What it is made of etc. However mostly scrap falls under 18% unless it is of Precious metals then it will be 28% chargeable under GST.

 
Reply   
 

Thank you. what would be the GST for wood scrap.
 
Reply   
 

LEAVE A REPLY

Your are not logged in . Please login to post replies

Click here to Login / Register  

 


×

  CCI MENU