Gst on inter state movement of asset (book value is zero)
This query is : Resolved
01 August 2018
Hi all,
Kindly requesting your advice on the above subject.
We need to shift UPS from our Tamilnadu office to Kerala office. WDV value is Zero as on date. How GST is applicable on this? Shall we generate a new invoice for this?
Kindly requesting your advice on the above subject.
We need to shift UPS from our Tamilnadu office to Kerala office. WDV value is Zero as on date. How GST is applicable on this? Shall we generate a new invoice for this?
03 August 2018
even though book value is zero you assign value and transfer - since it would be transaction with distinct person
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