GST on sale of Depreciable Asset

md.sarfaraz alam (13 Points)

18 March 2022  

Fixed Asset Purchase for Business Purpose but not Claimed Input Tax Credit as we are in Hotel Industry with '5% GST on Sale with No ITC'. Now are selling the Fixed Asset because of Closure of Business. Can we Charge GST On the Sale of Used Fixed Asset?
Fixed Asset Include: Computer, Machinery, Furniture & Motor Car

Please Suggest