dear sir/ madam
please help me ...
If i sold scrap materials or rejection materials and fund received by cheque , then is GST applicable or not ????
if applicable , than what is the rate of percent???
2 Replies
Murugan Shanmugam
(109 Points)
Replied 31 July 2019
normally u have to charge 18 percent gst and also u have to collect 1percent tcs from the recepent
CA Haritha Komma
(Chartered Accountant)
(1147 Points)
Replied 31 July 2019
GST needs to be paid but rate depends on material of scrap i.e., plastic, aluminium etc.
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