Hsn code & GST Rate of second hand mobile sale or purchase
The entire purchase is made of the used phone on unregistered person & Sale for the same unregistered Person
how to deal under GST
Thanks
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Second hand mobile
Replies (11)
Quick Summary
Are you in the Business of purchase and sales of old Mobiles.?.
HSN 8517 and rate is 12%
Yes
Prasad ji
Prasad ji
You have to pay GST on margin ( Sale- purchase) if you have not availed Input tax credit earlier. please refer rule 32(5) of the CGST rules 2017 for more details.
Thanks
I already read this section but my query is how to HSN code & GST rate on margin schemes for sale or purchase old mobile
I already read this section but my query is how to HSN code & GST rate on margin schemes for sale or purchase old mobile
Use samw as for original
Samw ?
Same HSN for used mobile also
Okay
Thanks Mam for valuable reply
Thanks Mam for valuable reply
Welcome Dear........................
If u read under gst,no Itc claim on purchase of used mobiles, But at that time any maintenance works or any modified by u,u charge gst on margins value.
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