GST Impact on Sale of Capital Goods (Business Assets)

CA Amit Harkhani , Last updated: 29 January 2021 Share Follow on Google News

In this article, we will discuss the GST impact on Sale of Capital Goods (i.e. Business Assets). First, we will discussthe Definition of Capital Goods. Capital Goods As per the Section 2(19) capital goods means goods, the value of which is capitalised in the books of account of the person

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About the Author

CA Amit Harkhani

CA in Practice

My self is CA Amit Harkhani. Cleared CA Final in Nov 2014 attempt. Past Experience in Classic Marble Co. Pvt. Ltd. Now in CA Practice since July 2017.

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