Discover a comprehensive resource with all the HS Codes and HSN Codes for scrap materials, complete with the corresponding GST rates. This guide simplifies the often complex task of classifying scrap materials, providing valuable information for business owners, importers, exporters, and anyone interested in the scrap industry. Stay informed, ensure compliance with tax regulations, and make well-informed decisions with our user-friendly reference, which covers the complete spectrum of scrap materials and their associated GST rates.
Chapter | Description | HSN Code | Rate (%) | CESS (%) | Effective Date | Rate Revision |
---|---|---|---|---|---|---|
Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | Other Moving, Grading, Levelling, Scraping, Excavating, Tamping, Compacting, Extracting Or Boring Machinery, For Earth, Minerals Or Ores; Pile-Drivers And Pile-Extractors; Snowploughs And Snow-Blowers | 8430 | 18% | – | 15/11/2017 | – |
Self-Propelled Bulldozers, Angledozers, Graders, Levellers, Scrapers, Mechanical Shovels, Excavators, Shovel Loaders, Tamping Machines And Road Rollers – Scrappers | 84293000 | 18% | – | 15/11/2017 | – | |
Other Moving, Grading, Levelling, Scraping, Excavating, Tamping, Compacting, Extracting Or Boring Machinery, For Earth, Minerals Or Ores; Piledrivers And Pile-Extractors; Snow-Ploughs And Snow-Blowers – Pile-Drivers And Pile-Extractors: Pile-Extractors | 84301020 | 18% | – | 15/11/2017 | – | |
Plastics and articles thereof | Waste, Parings And Scrap, Of Plastics – Of Polymers Of Styrene | 39152000 | 18% | – | 13/10/2017 | – |
Waste, Parings And Scrap, Of Plastics – Of Polymers Of Vinyl Chloride:Of Copolymers Of Vinyl Chloride | 39153010 | 18% | – | 13/10/2017 | – | |
Other base metals; cermets; articles thereof | Beryllium, Chromium, Germanium, Vanadium, Gallium, Hafnium, Indium, Niobium (Columbium), Rhenium And Thallium, And Articles Of These Metals, Including Waste And Scrap – Vanadium:Waste And Scrap | 81124020 | 18% | – | 01/07/2017 | – |
Beryllium, Chromium, Germanium, Vanadium, Gallium, Hafnium, Indium, Niobium (Columbium), Rhenium And Thallium, And Articles Of These Metals, Including Waste And Scrap – Vanadium: Wrought | 81124030 | 18% | – | 01/07/2017 | – | |
Cadmium And Articles Thereof, Including Waste And Scrap – Unwrought Cadmium; Powders | 81072000 | 18% | – | 01/07/2017 | – | |
Bismuth And Articles Thereof, Including Waste And Scrap | 810600 | 18% | – | 01/07/2017 | – | |
Cermets And Articles Thereof, Including Waste And Scrap | 8113 | 18% | – | 01/07/2017 | – | |
Molybdenum And Articles Thereof, Including Waste And Scrap – Other: Waste And Scrap | 81029700 | 18% | – | 01/07/2017 | – | |
Beryllium, Chromium, Germanium, Vanadium, Gallium, Hafnium, Indium, Niobium (Columbium), Rhenium And Thallium, And Articles Of These Metals, Including Waste And Scrap – Thallium: Waste And Scrap | 81125200 | 18% | – | 01/07/2017 | – | |
Magnesium And Articles Thereof, Including Waste And Scrap – Other:Wire | 81049030 | 18% | – | 01/07/2017 | – | |
Magnesium And Articles Thereof, Including Waste And Scrap – Other:Other | 81049090 | 18% | – | 01/07/2017 | – | |
Waste And Scrap | 810420 | 18% | – | 01/07/2017 | – | |
Tungsten (Wolfram) And Articles Thereof, Including Waste And Scrap Powders | 81011000 | 18% | – | 01/07/2017 | – | |
Copper and articles thereof | Copper Waste And Scrap – Copper Waste And Scrap: Of Copper :Other | 74040019 | 18% | – | 01/07/2017 | – |
Other made up textile articles; sets; worn clothing and worn textile articles; rags | Used Or New Rags, Scrap Twine, Cordage, Rope And Cables And Worn Out Articles Of Twine, Cordage, Rope Or Cables, Of Textile Materials Other: Other | 63109090 | 12% | – | 15/11/2017 1/07/2017 | – |
Used Or New Rags, Scrap Twine, Cordage, Rope And Cables And Worn Out Articles Of Twine, Cordage, Rope Or Cables, Of Textile Materials Sorted: Gunny Cuttings | 63101030 | 12% | – | 15/11/2017 1/07/2017 | – | |
Wood and articles of wood; wood charcoal | Fuel Wood, In Logs, In Billets, In Twigs, In Faggots Or In Similar Forms; Wood In Chips Or Particles; Sawdust And Wood Waste And Scrap, Whether Or Not Agglomerated In Logs, Briquettes, Pellets Or Similar Forms | 4401 | 5% | – | 01/07/2017 | – |
The HSN code for waste metal scrap can vary depending on the specific type of metal. For example, HSN code 7204 pertains to ferrous waste and scrap.
The HSN code for waste and scrap also depends on the material. HSN code 7204 typically covers ferrous waste and scrap, while other codes correspond to non-ferrous materials.
The GST rate for waste scrap can vary, but it's typically taxed at 18% under the GST regime. However, it's essential to check the specific rate applicable to the type of scrap you are dealing with.
HSN code 7204 is typically used for ferrous waste and scrap.
Unusable scrap can fall under various HSN codes depending on the material. For instance, HSN code 7204 usually covers ferrous waste and scrap.
HSN code 72041000 is a sub-category of 7204 and specifically pertains to ferrous waste and scrap of cast iron.
HSN code 721410 is used for alloy steel waste and scrap.
HSN code 721491 is typically applied to other waste and scrap of iron or non-alloy steel.
HSN code 72044100 is a sub-category under 7204, covering ferrous waste and scrap of high-speed steel.
HSN code 72045000 is another sub-category under 7204, pertaining to other ferrous waste and scrap.
HSN code 72044900 covers ferrous waste and scrap of other alloy steel.
HSN code 72149990 generally applies to other non-ferrous waste and scrap.
HSN code 72042990 is a sub-category of 7204, which typically refers to other ferrous waste and scrap.
HSN code 72169990 is commonly used for other non-ferrous waste and scrap.
HSN code 7204 primarily relates to the classification of scrap, and it can be used for sales or trading of scrap materials.
The 8-digit HSN code 7204 is a more specific classification of waste and scrap, typically referring to ferrous waste and scrap.
The HSN code for scrap depends on the type of material. For example, HSN code 7204 is commonly used for ferrous waste and scrap.
HS Code 7204.49 00 typically pertains to other ferrous waste and scrap, further specifying the type of scrap material being classified.
Non-banking finance companies (NBFCs) play a very important role in the Indian financial system...
Sweden is a country in Europe and has been a member of the European Union (EU) since 1995. The...
Gold loans are among the most popular loan types, particularly in rural India. Millions of peop...
The Reserve Bank of India (RBI) has recently issued new guidelines aimed at reducing unfair cha...
Corporate tax plays an important role in selecting the ideal location for setting up a business...