GST rate & HSN code for scrap furniture sale

Hi Friends,

I have a doubt regarding the scrap sale of furniture. The Case is if any furniture dealer is procuring old furniture from the customer (individual - unregistered) against the exchange sale offer and selling the old furniture to scrap vendor. As per the GST rate, any scrap sale comes under 5% GST rate, shall i take this sale under scrap sale at 5% (or) is it comes under 18% rate (normal furniture gst rate)? Pl advice

Replies (4)
Quick Summary
This discussion addresses a query about the correct GST rate and HSN code for selling old furniture as scrap. The user is unsure whether to apply the 5% scrap rate or the standard 18% furniture rate when exchanging old furniture with customers and then selling it on. Clarification is sought on whether the material composition (wood, plastic, glass vs. aluminium) affects the GST classification.

Old furniture made of
wood, plastic,glass waste scrap is 5%
if aluminium waste scrap then 18%

Hi, For GSTR - 9 reconciliation work, we have to compare our books of accounts with GSTR 1 (or) GSTR3B?

Read more at: https://www.caclubindia.com/forum/turnover-limit-for-gstr-9-and-9c-for-fy-2018-19-549076.asp?offset=1

Want to read the article or ans you

You wish to read the article but can you pl answer my query?

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