Goods sale Low price

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If goods are damaged due to unforeseen events like a roof collapse, selling them at a reduced price is generally acceptable. You should be prepared to justify the lower price if questioned by the IT or GST departments. However, with a valid explanation, queries from these departments are unlikely.

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(Querist)
05 March 2022 Dear Sir,

Some goods defective due to godwon roof fall down can we face any issue from IT/GST department if we can sale to low price
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
05 March 2022 Generally not questioned. But in case of any query you can justify the fact...
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CA Puja Sharma

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CA Puja Sharma (Expert)
05 March 2022 No, since you can justify the price, there wont be any query from the department.
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