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Sale of old Plant and Machinery

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(Querist)
22 September 2020 Dear Sir,
We have sold some old machinery which was purchased during the VAT regime in f/y 2018-19 and on which depreciation is claimed. The Machinery is sold much below the WDV. Will we be liable to GST on it.
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Lekhraj sood

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Lekhraj sood (Expert)
22 September 2020 Yes, you will be liable to pay GST on sale value if you are registered under GST.

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