How much GST is applicable on selling old truck tyres?
Replies (5)
Quick Summary
This discussion clarifies the Goods and Services Tax (GST) and Harmonised System of Nomenclature (HSN) applicable to the sale of old truck tyres. While some initially suggested new tyre rates apply, the consensus is that scrap tyres are taxed at 5% GST, whereas old tyres are subject to an 18% GST rate.