Working of Written Down Value
This query is : Resolved
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TARIQUE RIZVI
(Querist)
20 March 2020
We had purchased a truck with GST payment. Now we are selling the said truck to some other company. Should we recover GST also from the buyer on such second sale. I have heard that in such cases there is an issue of written down value also.
Herein in such case how we will workout written down value
Please guide me and oblige.
Herein in such case how we will workout written down value
Please guide me and oblige.
14 June 2020
Yes GST needs to be charged on such sales.
14 June 2020
Yes GST needs to be charged on such sales.
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