GST Rate on Sale of Asset..

While purchasing the new AC, the GST rate is 28% then while sale of old AC what should be the GST rate?
Replies (3)
Quick Summary
This discussion clarifies the Goods and Services Tax (GST) applicable when selling a used asset, specifically an old air conditioning unit. While new ACs attract a 28% GST, the rate for selling an old one depends on its condition. If sold as a functional AC, the 28% rate likely applies. However, if sold as scrap, the GST rate could be 18% for metal scrap like iron, copper, or aluminium, rather than the 5% initially considered.

5% because it is not a sale of new AC and also it is a regarded as scrap and waste
As per my knowledge all types of scrap is not falling under the Rate of 5%. Iron, Copper, aluminum like metal scrap will fall under 18%.
And also in the present issue AC is selling as AC has to pay 28% it self. If as scrap it will be 18%.

I agree with 99rajendra's answer.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
21 October 2026
CA INTER/ BCOM WITH EXPERIENCE

CA S KUMAR GUPTA & CO

Amritsar

CA Inter

View Details
Company
ARTICLESHIP 29 October 2026
Article Assistant (CA Inter / CMA Inter) - Thrissur

Varma Raja & Associates

Thrissur

CA Inter

View Details
Company
ARTICLESHIP 14 November 2026
Article Assistant

Jitendra Agarwal & Associates

Bengaluru

CA Inter

View Details
Company
28 October 2026
Assistant Director/ Associate Director-Finance & Accounting

Krea University

Chennai

CA

View Details
Company
10 November 2026
FP&A Executive

Gujarat Guardian

Ankleshwar

CA Final

View Details
Company
Featured 07 November 2026
Paid Assisstant

DPV & Associates

Chennai

CA Inter

View Details
Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details
Company
23 October 2026
Sr. Accountant

SANKARAN & KRISHNAN

New Delhi

B.Com

View Details