HSN CODE & GST RATE OF SCRAP CONVEYOR BELT

[VEMULA CHANDRASEKHAR]

We are making outward supply of an scrap conveyor belt what should be the HSN code & at what GST Rate it should b sold?

AI Summary

Debate on HSN code and 18% GST for scrap conveyor belts; material composition crucial for accurate classification. A discussion on the appropriate HSN code and GST rate for scrap conveyor belts was initiated, seeking guidance on classification. One participant asked for the material composition of the belt to provide an accurate classification. Another suggested HSN code 4004.0000 with an 18% GST rate, referencing specific notifications. It was noted that, in the pre-GST era, the tribunal ruled that scrap conveyor belts were not subject to duty, classifying them under Chapter/heading 4004. The discussion emphasized the necessity of knowing the belt's material to determine the correct classification.