I deal in auctions for machinery, cars etc. I purchase them through auctions and then sell them to other user. I was trying to register for GST but confused with the HSN code to be used. It would be great if anyone can help me with it. In general I do trade by purchasing through auctions and selling them individually
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Hsn code for gst
Replies (8)
Means purchase as scrap and selling as old product?
yes, Rohit. We can say that
Is there any GST while purchase?
Means any payment of GST?
Means any payment of GST?
Yes we pay gst while purchase
@ what rate?
What HSN?
What descripttion?
What HSN?
What descripttion?
It varies depending on the product we purchase
Suppose you purchase car, then?
And in case of machinery, then?
May be they are charging the HSN are also applicable to you.
And in case of machinery, then?
May be they are charging the HSN are also applicable to you.
Does the seller has gst? Do you receive any invoice on your purchase?
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