Resale of fixed assets


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Querist : Anonymous

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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

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


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