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Published on:
February 25, 2023
By
Harshini

Lead Waste Scrap - GST Rates  HSN Code 7802

Lead is a highly valuable and versatile metal that has many industrial uses. However, like any other metal, it is also subject to waste and scrap. The sale of lead waste and scrap is subject to GST rates and HSN codes, which can differ depending on the specific type of lead waste or scrap being sold. In this article, we will discuss GST rates and HSN codes for lead waste and scrap.

what lead waste and scrap

Firstly, let us discuss what lead waste and scrap is. Lead waste and scrap is any material that contains lead and is discarded as waste or scrap. This can include various lead products such as lead pipes, lead sheets, and lead bullets. Lead waste and scrap can also come from the manufacturing process of lead-based products. Under the GST regime, lead waste and scrap falls under the HSN code 7802. The GST rate on lead waste and scrap is 18%. This means that if you are selling lead waste or scrap, you will need to charge GST at a rate of 18% on the sale value.

HSN Code 7802

It is important to note that the HSN code 7802 covers a broad range of lead waste and scrap, and the GST rate may vary depending on the specific type of lead waste or scrap being sold. For example, lead waste and scrap from the manufacture of batteries falls under the HSN code 8548 and is subject to a GST rate of 18%.

However, lead waste and scrap from the manufacture of pipes and tubes falls under the HSN code 7304 and is subject to a GST rate of 12%. If you are unsure about the GST rate and HSN code for the type of lead waste and scrap you are selling, it is recommended that you consult with a tax professional or refer to the GST rate and HSN code list provided by the government.

Conclusion

In conclusion, lead waste and scrap is subject to GST rates and HSN codes under the GST regime. The HSN code for lead waste and scrap is 7802, and the GST rate is 18%. However, the GST rate may vary depending on the specific type of lead waste or scrap being sold. As a business owner or startup founder, it is important to be aware of the GST rates and HSN codes for the products you are selling to avoid any compliance issues with the government.

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