Need help to understand GST use case

Accounts 209 views 1 replies

Could anyone help me to understand this use case?

 

Entity A purchased Computer on 01 Apr 2018 amounting to Rs. 50,000 + GST @ 18% which comes to Rs. 9,000. Later on 01 Jan 2023, Entity A decided to sell the computer for Rs. 20,000 + GST @ 18% which comes to Rs. 3,600. 

  • What will be the acceptable transaction value in the above case?
Replies (1)
It will be sale value 20000 with 18% gst


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