Sale of truck
This query is : Resolved
Quick Summary
07 March 2020
Ours is a pvt ltd company and we are holding two trucks which are to be sold to some other private limited company. There are certain queries on such transactions as follows :
Whether GST shall have to be paid to the supplier ?
Whether TDS shall have to be deducted by the supplier against the sale value ?
Please guide me and oblige.
Ok
Whether GST shall have to be paid to the supplier ?
Whether TDS shall have to be deducted by the supplier against the sale value ?
Please guide me and oblige.
Ok
09 March 2020
What about the purchase and WDV details of the vehicle...?!
09 March 2020
GST on the Vehicle Depends on whether you have availed ITC or Cenvat Credit ?
Secondly What is engine capacity of Truck?
With regards to TDS , TDS is not applicable on sale of goods including capital goods
Secondly What is engine capacity of Truck?
With regards to TDS , TDS is not applicable on sale of goods including capital goods
25 May 2020
https://taxguru.in/goods-and-service-tax/sale-capital-goods-gst-regime.html
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Price inclusive or exclusive of GST while made entry in P& L Account
- Gst registered proprietorship firm
- TDS Challan - change of FY 2025-26 to TY 2026-27
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- Dep. as per companies act
- Minimum tax payable to file Updated return
- Applicability of GST on Salary Reimbursement Component
- CHECK RELATED
- UDIN ISSUE
- Change Of Karta In Case of Death
- Non filing of I T Returns
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
