Gst Rate on Scarp Papers & Machinery

[Rajesh Mohanty]

My uncle has a scarp business.He collects Scarp papers & machinery from all kind of institutions basically from Banks across all over the State & then he send it for recycle purpose/sale it to the factories.

So my questions are:

1.Does he need to take GST registration?

2.What are the GST rates is applicable for sacrp paper & machinery?

AI Summary

GST on scrap paper and machinery: registration may be required and scrap paper attracts a reduced GST rate.
Registration is required where turnover exceeds the threshold, with composition as an option. Recovered waste and scrap of paper is subject to a reduced GST rate, while machinery and equipment scrap are assessed under machinery classifications and attract a higher GST rate; verify specific HSN classifications and current tariff notifications with a tax advisor or department.