wt if i sold my capital goods like plant n machinery on which i had taken cenvat and now am saling it under gst
wt will be GST Implications
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capital goods
Replies (2)
If it is purchase in Vat regime:
GST is to deposit on Transaction value (sale value)
If it is purchase in GST regime:
As per Rule 44(6) CGST
GST is to deposit on Transaction value (sale value)
If it is purchase in GST regime:
As per Rule 44(6) CGST
You will have to pay the amount higher of the following
1.cenvat credit taken
2. Gst on supply
1.cenvat credit taken
2. Gst on supply
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