gst rate on sale of scrap

[Asked by Guest]

sir,

please provide me gst rate on sale of scrap

1) sale of scrap of steel and iron

2) sale of aluminium

3) sale of waste wood

4) sale of debris, demolished destructive material at construction site. exclude iron and steel

and also describe provision on tds on sale of scrap under gst

[KASTURI SETHI]

Scrap of steel & iron GST @ 18% HSN code 7204

Scrap of Aluminium GST @ 18 % HSN Code 6702

Scrap/waste wood GST @ 5% HSN Code 4401

[CSSANJAY MALHOTRA]

Correction on code of Aluminium Scrap. Please read the same as 7602 .

[KASTURI SETHI]

Yes Sir. It is 7602. Typing error by me. Thanks for correction.

[DR.MARIAPPAN GOVINDARAJAN]

Typing error is common. However the correction is made.

[KASTURI SETHI]

Sh. Maraiappan Govindarajan Ji, Sir, Agree with you.but I am of the view that there should be no error. Anyhow if corrected in time, nothing is lost.

[Rushit Haraniya]

Please provide scarp cable rate for different kv

[Rushit Haraniya]

Please provide scrap switchgear like MCB , mccb hrc fuse , base ,. Gst rate n hsn code

Also provide rate of scrap CT n CT bank

what is the rate for used oil

and vehicle scraps

[Vamsi Krishna]

Sir

In continuation to the above query, can TCS to be deducted on value including GST ?

Pls confirm.

AI Summary

GST rate on scrap specified by material, with HSN classifications and queries on TDS/TCS applicability.
GST treatment for sale of scrap is material specific with assigned rates and HSN codes: steel and iron scrap are listed with an applicable GST rate and HSN classification; aluminium scrap is classified under HSN 7602 (correcting a typographical error); waste wood is classified under HSN 4401 with a lower applicable rate. The forum also notes requests for HSN/rate details for cables, switchgear, CT banks, used oil, vehicle scrap, and a query whether TDS/TCS should be deducted on values inclusive of GST.