sakthi (Business consultant ) (137 Points)
20 October 2020Hi Friends,
I have a doubt regarding the scrap sale of furniture. The Case is if any furniture dealer is procuring old furniture from the customer (individual - unregistered) against the exchange sale offer and selling the old furniture to scrap vendor. As per the GST rate, any scrap sale comes under 5% GST rate, shall i take this sale under scrap sale at 5% (or) is it comes under 18% rate (normal furniture gst rate)? Pl advice
ayusmita
(Tax consultant)
(5885 Points)
Replied 20 October 2020
sakthi
(Business consultant )
(137 Points)
Replied 21 October 2020
Hi, For GSTR - 9 reconciliation work, we have to compare our books of accounts with GSTR 1 (or) GSTR3B?
Read more at: https://www.caclubindia.com/forum/turnover-limit-for-gstr-9-and-9c-for-fy-2018-19-549076.asp?offset=1
sakthi
(Business consultant )
(137 Points)
Replied 22 October 2020
You wish to read the article but can you pl answer my query?
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