2024 Hsn code for scrap sale of vehicle

Hsn code for scrap sale of vehicle

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August undefined, 2024

Web26 jan. 2024 · In case, any ‘old and used’ motor vehicle sold during the period from 01.07.2024 to 24.01.2024, GST is leviable on full sale price at applicable rate as prescribed in GST Tax Rate Schedules plus Compensation Cess. Where ITC Claimed under GST:- In this case, provisions of Section 18 (6) of CGST Act would be applicable. WebHs Code Description No of Shipments; 7204 Ferrous Waste And Scrap; Remelting Scrap Ingots Of Iron Or Steel: 72042990 Other: 37: 72042190 Other: 15: 4707

HSN Code for All Scrap Items in India - Export Genius

WebHSN Code 7204 Ferrous waste and scrap; remelting scrap ingots of iron or steel (excluding slag, scale and other waste from the production of iron or steel; radioactive waste and … Web10 jun. 2024 · GST HSN chapter code 4003 Reclaimed rubber in primary forms or in plates, sheets or strip. 3. GST HSN chapter code 4004 Waste, parings and scrap of rubber (other than hard rubber) and powders and granules obtained therefrom. Reduced GST Rates on 06th October, 2024 earlier rate new rate 4004 00 00 Rubber waste, parings or scrap … san pedro in english

HSN Code for All Scrap Items in India - Export Genius

WebHS Code used for Car scrap - Export Seair is proud to have a loyal customer base from big brands. We have successfully served many reputable clients for Import-Export Data Information Services. Here are some of our clients: View All Plot C2, Office No 2, First Floor, Mahindra park, Opp. GRID Office C1 Janakpuri, West Delhi 110059 +91-9990837766 WebHSN Code Product Description; 8205: Hand tools (including glaziers diamonds), not elsewhere specified or included; blow lamps; vices; clamps and the like, other than … Web54 rijen · HSN Code 8703: Motor cars and other motor vehicles principally designed for the transport of persons, incl. station wagons and racing cars (excluding motor vehicles of … shortlethomes.net

GST Rate & HSN Code for Vehicles other than railway or ... - ClearTax

GST on Sale of Scrap materials - CAclubindia

Web18 aug. 2024 · The HSN code for the huge number of scraps has not been notified yet. Due to the traditional approach, if one doesn’t find the appropriate HSN code of the scrap item then he might cover it in the residual entry 453 of Schedule III of the notification … WebHSN Code 8430. Moving, grading, levelling, scraping, excavating, tamping, compacting, extracting or boring machinery, for earth, minerals or ores; pile-drivers and pile … san pedro island tx homes for saleWebHSN Code 7112 Waste and scrap of precious metal or of metal clad with precious metal; other waste and scrap containing precious metal or precious-metal compounds, of a kind used principally for the recovery of precious metal (excluding waste and scrap melted down into unworked blocks, ingots, or similar forms) HSN Code 7118 shortlet apartments in surulere

"WebHS Code is internationally accepted format of coding to describe a product. All around the world same HS codes are used to discribe a product. You can use 4 digit HS code to generate your invoices. GST rates for all HS codes You can search GST tax rate for all products in this search box. " - Hsn code for scrap sale of vehicle

Hsn code for scrap sale of vehicle

GST on Sale of Old and used Vehicles - TaxGuru

Web17 aug. 2024 · TCS U/s 206 (C) (1) of income Tax Act, 1961 should be collected on value inclusive of GST. While taxability of waste and scrap is no longer contentious, finding proper HSN code is definitely a tedious task. The highest rate of GST for scraps material is 18%. GST RATE CHART OF SCRAP MATERIALS Note WebHSN Code Product Description; 8703: Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 8702), including …

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Web332 rijen · 1 jul. 2024 · HSN Code Description Rate (%) CESS (%) Effective Date Rate … Web1 jul. 2024 · HSN Code Iron and steel FERROUS WASTE SCRAP - GST RATES & HSN CODE 7204 GST rates and HSN code for Ferrous Waste And Scrap. Origin Chapter: …

Web27 dec. 2024 · Scenario 1: Sale of old and used car on or before 12/10/2024: In terms of Rule 32 (5) of CGST Rules 2024, GST is to be paid on the Margin i.e. Rs. 2,00,000 + … Web28 okt. 2024 · Products Description. HSN Codes. Export and Import HSN Codes. 5%. Following renewable energy devices & parts for their manufacture (a) Bio-gas plant (b) Solar power based devices (c) Solar power generating system (d) Wind mills, Wind Operated Electricity Generator (WOEG) (e) Waste to energy plants/devices (f) Solar lantern/solar …

Web23 apr. 2024 · HSN Code: Description: GST Rate: 3915: Plastic waste, parings or scrap: 5%: 4004 00 00: Rubber waste, parings or scrap: 5%: 4017 00 20: Hard Rubber waste … Web21 mrt. 2024 · Customer sells the above imported scrap out of used cars as such without any value addition. 2. ... We are the importer/ trader of Heavy Melting Steel Scrap covered under HS code 7204 and High sea sale the same to various parties. Please advise whether we are covered under section 206C and liable to deduct the TCS 1%. Thanks & Regards

Web24 aug. 2024 · Section 7 (1) (a) of the Act says “ Supply ” includes all forms of supply of goods or services or both such as sale, transfer, barter, exchange, license, rental, lease or disposal made or agreed to be made for a consideration by a person in the course or furtherance of business.

WebEnter HS Code. HSN Code. Product Description. 7902. Zinc waste and scrap. 790200. Zinc waste and scrap: 79020010. Zinc scrap namely the following: old zinc die cast scrap covered by isri code word 'saves'; new zinc die cast scrap covered by isri code word 'scabs'; new plated zinc die cast scrap covered by isri code word 'scope'; zinc die cast ... shortlethomesWeb1 jul. 2024 · 3 wheel vehicles diesel electric motor - gst rates & sac code 8705; Vehicles diesel electric motor 1500cc - gst rates & sac code 8706; Vehicles diesel electric motor - … san pedro lofts for rentWeb27 apr. 2024 · GST Rate and HSN Code of Scrap and Waste Finding proper HSN (Harmonized System of Nomenclature) code and GST rate of scrap and waste is … san pedro jewelry and watch repairWebHSN Code Product Description; 8708: Parts and accessories of the motor vehicles of headings 8701 to 8705: 87089900: Other: 8711: Motorcycles (including mopeds) and … san pedro island tx weatherWebHS Code India All Scrap Items Search HSN code for All Scrap Items in India Search HS Code Enter Product description Enter HS Code Get global trade data online at your fingertips Company About Us How We Help Product and Services Data Availability Why Choose Us Plan and Pricing Career We’re hiring! Our Clients Blog FAQs Contact Us … san pedro martir observatoryWebHSN Code 7204: Ferrous waste and scrap; remelting scrap ingots of iron or steel (excluding slag, scale and other waste from the production of iron or steel; radioactive waste and scrap; fragments of pigs, blocks or other primary forms of pig iron or spiegeleisen) Get Quote Talk to an expert! short let homes in ibadanWeb20 okt. 2024 · As per Section 2 (105) read with section 7 of CGST Act, even though the sale of old or used vehicle by an individual is for a consideration, it cannot be said to be in the course or furtherance of his business (as selling old vehicles is not the business of the said individual), and hence does not qualify to be a supply per se. shortlet apartments lagos