GST rate – latest on scrap of computers, monitors, keyboards,mouse& multimeter
Query (Issue) Started By: – BSNL STR Dated:- 19-3-2018 Last Reply Date:- 20-3-2018 Goods and Services Tax – GST
Got 5 Replies
GST
Sir\/Madam,
\nWhat is the present rate of GST on scrap sale of computers, monitors, keyboards,mouse& multimeter ?
\nRegards,
\nCHANDRASHEKAR G
\nReply By Alkesh Jani:
\nThe Reply:
\nSir, 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.
\nReply By BSNL STR:
\nThe Reply:
\nSir,
\nyes, these items are equipments booked as capital goods.
\nRegards,
\nCHANDRASHEKAR G.
\nReply By Alkesh Jani:
\nThe Reply:
\nSir, In this regards, my point o<\/p>\n
= = = = = = = =<\/p>\n
Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n manufacturer or provider of output services shall pay an amount equal to the Cenvat Credit taken on the said capital goods reduced 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. = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n","protected":false},"excerpt":{"rendered":" GST rate – latest on scrap of computers, monitors, keyboards,mouse& multimeter Query (Issue) Started By: – BSNL STR Dated:- 19-3-2018 Last Reply Date:- 20-3-2018 Goods and Services Tax – GSTGot 5 RepliesGSTSir\/Madam, What is the present rate of GST on scrap sale of computers, monitors, keyboards,mouse& multimeter ? Regards, CHANDRASHEKAR G Reply By Alkesh Jani: … Continue reading “GST rate – latest on scrap of computers, monitors, keyboards,mouse& multimeter”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-10986","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/10986","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10986"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/10986\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10986"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10986"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10986"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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\n(i) for computers and computer peripherals :
\nFor each quarter in the first year @ 10%
\nFor each quarter in the second year @ 8%
\nFor each quarter in the third year @ 5%
\nFor each quarter in the fourth and fifth year @ 1%
\n(ii) for capital goods, other than computers and computer peripherals @ 2.5% for each quarter :
\nProvided that if the amount so calculated is less than the amount equal to the duty leviable on transaction value, the amoun<\/p>\n
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