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.

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