Save Rs 499 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

banner_ad

Sale of old Plant and Machinery

This query is : Open

Share Report Follow Query Ask a Query

Gopalakrishnan V

Gopalakrishnan V (Querist)
Follow

28 January 2021 A Company, Machinery purchased during 2015, wdv Rs.250000, sold during 2021 for Rs.325000, what will be the GST liability?. Seller is registered in GST and buyer unregistered dealer.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

28 January 2021 Charge 18% GST on 3,25,000.

Gopalakrishnan V

Gopalakrishnan V (Querist)
Follow

28 January 2021 Whether GST is on margin Rs.75000 or on the sale amount kindly confirm

Gopalakrishnan V

Gopalakrishnan V (Querist)
Follow

28 January 2021 Whether GST is on margin Rs.75000 or on the sale amount kindly confirm

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

29 January 2021 It's on margin value.

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
Follow

29 January 2021 Charge 18% GST on Margin Value of Rs.75000/-

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CCI Pro

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

CCI Pro

Meet our CAclubindia PRO Members

Pro Member Jayesh Pipalwa

Jayesh Pipalwa

Pro Member Namita Fule

Namita Fule

Pro Member DSK TMC

DSK TMC

Pro Member 6380177036

6380177036

Pro Member ASIM ATREY AND ASSOCIATES

ASIM ATREY AND ASSOCIATES

Follow us

add to google news

Answer Query

Quick Links

Browse by Category

Latest Job Openings

View all

16 May 2026

Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details

ARTICLESHIP 15 May 2026

Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details

19 May 2026

Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details

19 May 2026

Accountant

ca kunjan

Mumbai

CA Inter

View Details

14 May 2026

ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details

14 May 2026

Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details

01 June 2026

Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details

14 May 2026

Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details