TaxTMI 
TaxTMI 
Sir i deals in old and used fridge compressors. Hsn code for compressor is 8414 which comes under 28% slab. Sir i deal in scrap compressors , so in which slab it comes and what is the Hsn code for scrap compressors. i am very much confused . plz reply as soon as possible.
hsn code for scrap fridge compressors
29 Jul 2017 
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Scrap classification: scrap compressors classified by dominant metal under scrap HSNs, attracting the scrap GST rate.
Scrap fridge compressors are classified by the dominant material of the scrapped unit: ferrous scrap is classifiable under the ferrous scrap heading, copper scrap under the copper scrap heading and aluminium scrap under the aluminium scrap heading, each attracting the GST rate applicable to scrap. Invoice HSN reporting is required according to turnover bands: exempt for the smallest band, two-digit HSN for the middle band and four-digit HSN for the largest band as specified in the notification. (AI Summary)
Scrap fridge compressors are classified by the dominant material of the scrapped unit: ferrous scrap is classifiable under the ferrous scrap heading, copper scrap under the copper scrap heading and aluminium scrap under the aluminium scrap heading, each attracting the GST rate applicable to scrap. Invoice HSN reporting is required according to turnover bands: exempt for the smallest band, two-digit HSN for the middle band and four-digit HSN for the largest band as specified in the notification. (AI Summary)