Sale Invoice by the transporter
This query is : Resolved
sankar ponnan
(Querist)
14 May 2022
Mam / Sir
We are transporter having 7 Tanker trucks and hiring them. We have also the GST Registration. We are in plan to sell 3 tanks to a party.
Should we issue GST invoice ?
If yes,
Query is that as we are not able to claim the gst, why should we issue GST invoice?
advice us plz
thanks in adv
We are transporter having 7 Tanker trucks and hiring them. We have also the GST Registration. We are in plan to sell 3 tanks to a party.
Should we issue GST invoice ?
If yes,
Query is that as we are not able to claim the gst, why should we issue GST invoice?
advice us plz
thanks in adv
CA R SEETHARAMAN
(Expert)
14 May 2022
GST invoice required on the amount sold in excess of book value.
In case of sale less than book value no GST invoice required.
In case of sale less than book value no GST invoice required.
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