Resale of fixed assets
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 August 2013
i am owner of construction company i want to sale my fixed assets tower crane value is 1980198+ cst 1% =19802+ cartage =20000 total value is2020000.00 i want to sales what is implement of sales tax
Rupesh Jain
(Expert)
17 August 2013
if you are sell to interstate then buyer ready to issue C form 2% agst C from and if not ready then you to charges full rate of tax of your state ( state not mention by you)
in accounts sale price - WDV in your books = if + then short term capital gain other wise it is short term capital gain
in accounts sale price - WDV in your books = if + then short term capital gain other wise it is short term capital gain
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