• Scrap Sales in GST
    The term “Scrap” has not been defined in GST Laws. In GST regime, in order to be taxable, the waste and scrap does not have to pass the test of manufacture or mechanical process or marketability. It is admittedly as ‘supply’ in course of business. While taxability of waste and scrap is no longer contentious, finding proper HSN (Harmonized System of...
    0 Yorumlar 1 hisse senetleri 578 Views 0 önizleme
  • Scrap Sales in GST
    The term “Scrap” has not been defined in GST Laws. In GST regime, in order to be taxable, the waste and scrap does not have to pass the test of manufacture or mechanical process or marketability. It is admittedly as ‘supply’ in course of business. While taxability of waste and scrap is no longer contentious, finding proper HSN (Harmonized System of...
    0 Yorumlar 0 hisse senetleri 551 Views 0 önizleme