Residue left after peeling of wood is waste/scrap attracting 5% GST

In re Parvatiya Plywood (P) Ltd. (GST AAR Uttarakhand)

(i) The residue left after peeling of wood is to be called as wood waste/scrap and is classifiable under Chapter Heading 4401 31 00 or 4401 39 00 and will attract GST @ 5% as on date.

(ii) The forfeited amount pertains to service and is covered under Service Code (Tariff) 9997 94 as ‘agreeing to tolerate an act’ and leviable to GST @ 18% as on date.

(iii) Refund of GST on supply turned in

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