GST ON SECOND SALE
This query is : Resolved
20 March 2020
Respected Sir,
We had purchased a truck with GST payment. Now we are selling the said truck to some other company. Should we recover GST also from the buyer on such second sale. I have heard that in such cases there is an issue of written down value also. Please guide me and oblige.
We had purchased a truck with GST payment. Now we are selling the said truck to some other company. Should we recover GST also from the buyer on such second sale. I have heard that in such cases there is an issue of written down value also. Please guide me and oblige.
14 June 2020
GST needs to be charged on the second hand sales also.
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