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FIXED ASSETS
If any fixed asset is purchased after implementation of GST and sold after 1 year, so what will be the treatment under GST ?
Replies (2)
| Originally posted by : Mohit lodhi | ||
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If any fixed asset is purchased after implementation of GST and sold after 1 year, so what will be the treatment under GST ? |  |
GST applicable for the sale of FA
treat that as sale if asset is in good condition else treat it as scrap and discharge gst liability
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