Goods and Services Tax – Started By: – BSNL STR – Dated:- 19-3-2018 Last Replied Date:- 20-3-2018 – Sir/Madam,What is the present rate of GST on scrap sale of computers, monitors, keyboards,mouse& multimeter ?Regards,CHANDRASHEKAR G – Reply By Alkesh Jani – The Reply = Sir, Please clarify that computer, monitor, keyboard, mouse are booked as Capital goods in your books of Account, so that our experts may get the clarity to reply. – Reply By BSNL STR – The Reply = Sir,yes, these items are equipments booked as capital goods.Regards,CHANDRASHEKAR G. – Reply By Alkesh Jani – The Reply = Sir, In this regards, my point of view is that, the taxable value of the scrap will be the depreciated value of the capital goods and Rate is 18% i.e (CGST
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educed by the percentage points calculated by straight line method as specified below for each quarter or a year or part thereof from the date of taking the Cenvat Credit, namely.(i) for computers and computer peripherals : For each quarter in the first year @ 10% For each quarter in the second year @ 8% For each quarter in the third year @ 5% For each quarter in the fourth and fifth year @ 1% (ii) for capital goods, other than computers and computer peripherals @ 2.5% for each quarter :Provided that if the amount so calculated is less than the amount equal to the duty leviable on transaction value, the amount to be paid shall be equal to the duty leviable on transaction value.(b) If the capital goods are cleared as waste and scrap, the man
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