gst on sale of old machine
V Shiroya (11 Points)
04 August 2018V Shiroya (11 Points)
04 August 2018
Fahad Aslam
(103 Points)
Replied 04 August 2018
S ELAVARASI
(ACCOUNTANT)
(2975 Points)
Replied 05 August 2018
GST is applicable when the machine will be sale with profit as per your books...
If the sale is fall under Loss then no need to charge GST. GST not applicable in this sale of loss.
V Shiroya
(11 Points)
Replied 06 August 2018
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
GST LIVE Certification Course - 43rd Weekdays Batch(With Govt Certificate)