GST on Sale of Old Silver Coins

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Hi Team,

My company have sold some old sliver coins to one jeweller.


Should we pay GST on the same as sale of scrap and what will be the rate on it.

Jeweller have not charged any gst on bill.
Thanks.
Replies (4)
if ur company deals in jewellery business ???
Taxable... If ur urd no tax

As you are a company and if you are registered under GST, then you need to charge 3% GST on such sale of silver coins

We are into IT Services..


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