Easy Office
LCI Learning

Damaged goods treatment

This query is : Resolved 
Profile Image

Profile Image

(Querist)
14 April 2018 Dear Sir/ Madam,

1. What is the accounting treatment for spoiled and damaged goods under GST?
2. If spoiled /damaged goods are sold as scrap, do we need to charge GST in that sale. Please mention section in ACT on this point.
Profile Image

Avinash Jeevan Dsouza

Profile Image

Avinash Jeevan Dsouza (Expert)
14 April 2018 You need to charge the GST when you sale as scrap and TCS will applicable.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links