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Regarding Rate of GST applicability on resale of machinary

This query is : Resolved 
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(Querist)
06 January 2020 Hey there,

One of our client is in manufacturing of packaging boxes and card board cut outs , they have purchased one such machine before 5 years means at the time of VAT and now they want to resale such machine .

Further They bill their invoice as per 12% rate and newly machine from manufacturer of such is 18% then what should be the rate at which invoicing must be done....??

Also as there is more than 5 years of purchase of machine so there is no such case of reversal.....

Hoping that answer with reasoning will be learn by me...
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CA Anita Bhadra

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CA Anita Bhadra (Expert)
06 January 2020 GST is payable as per applicable rate on sale of old machinery and Tax invoicing must be done @ 18% .

Reversal anyway will not be there as no ITC has been availed on the machinery subject to sale
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DeepShah

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DeepShah (Querist)
22 February 2020 Thank you so much for reply.
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