Gst rate on scrap sale of oil
WebNov 2, 2010 · 02 November 2010 If the scrap oil is generated from manufacturing process and there is no reuse of this item, TCS will be applicable u/s 206. RANGA SRINIVAS (Expert) Follow. 04 November 2010 Dear Sir. Please look at the source for the scrap, if it is on account of manufacturing then TCS is applicable. Previous. WebGST RATE CHART OF SCRAP MATERIALS. HSN Code. Description. GST Rate. 3915. Plastic waste, parings or scrap. 5%. 4004 00 00. Rubber waste, parings or scrap. 5%. …
Gst rate on scrap sale of oil
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WebOct 1, 2024 · The applicable rate of tax was 12% if the IP was in respect of goods (other than software) and the applicable rate of tax was 18% if the IP is in respect of software. … WebOct 26, 2024 · GST Rates & HSN Codes for Plastic Articles - All goodsi.e. polymers; Polyacetals, Ion exchangers based on polymers, Waste, parings and scrap, of plastics - Chapter 39 GST Rates & HSN Codes for Plastic Articles - All goodsi.e. polymers; Polyacetals, Ion exchangers based on polymers, Waste, parings and scrap, of plastics - …
WebAug 18, 2024 · The scrap is the supply of tax under GST norms, its rate of GST has depended upon the nature of the scrap as well as HSN … WebMar 21, 2024 · TCS on Sale of Scrap. The term scrap has been clearly defined in the explanation to section 206(C) of Income Tax Act,1961 . There is no requirement that the …
WebMar 22, 2024 · As per Volza’s India Export data, E waste scrap and HSN Code 8473 export shipments from India stood at 12, exported by 2 India Exporters to 2 Buyers.; India exports most of it's E waste scrap and HSN Code 8473 to South Korea, Hong Kong and is the largest exporter of E waste scrap and HSN Code 8473 in the World.; The top 2 … WebJul 16, 2024 · gst rate for petty scrap and waste oil traders. Sk Majid (1 Points) 03 July 2024 i want to know that how much gst tax will levied to scrap materail such as iron …
WebSearch Scrap oil HS Code for Scrap oil import and export at seair.co.in. We also provide Scrap oil import data and Scrap oil export data with shipment details. ... GST RATE; …
WebDec 27, 2015 · The used lubricant oil does not loose it's character of lubricant and can be used as lubricant by the buyer hence it ia still a petroleum product and excise duty is payable at the rate at which it was purchased. Secondly if you remove used oil as scrap then 'scrap' attracts 1% TCS to be collected from the payment to be received from … barbara patrick obituaryWebRape, colza or mustard oil and fractions thereof, whether or not refined, but not chemically modified. 2.5%: 2.5%: 5% : I: 87: 1515: Other fixed vegetable or microbial fats and oils … barbara patronkaWebWhat is the HS code and the GST rate for Isabgol seeds? 1. Isabgol seeds fall under heading 1211. 2. Fresh isabgol seeds attract Nil GST. 3. Dried or frozen Isabgol seeds … barbara patrick x filesWebSep 20, 2024 · GST rates on scrap & waste. Different types of scrap or waste emerge in various industries. Therefore, different HSN codes and rates are applicable to different types of scrap based on the nature of scrap. Finding proper HSN code and GST rates … barbara patterson arosaWebApr 27, 2024 · GST Rate : 3915 : Plastic waste, parings or scrap : 5% – 18%: 4004 : Rubber waste, parings or scrap : 5% : 4017 00 20 : Hard rubber waste : 5% : 4401 : … barbara patzigWebGST rates for all HS codes. You can search GST tax rate for all products in this search box. You have to only type name or few words or products and our server will search details … barbara patrickbarbara patterson whiting nj