GST on sales of used business fixed assets

Hello, We are into hi tech farming business with an setup of greenhouses/polyhouses established in 2017-18 financial year. The greenhouses have been setup as personal files and have not taken any GST input credit and neither GST no as farming is exempted under GST. Since the establishment we have not taken any depreciation and now looking to sell it off at lower price than purchase price, if we sell it off in other state will there be any liability of GST or would we be required to take GST no to sell it to another state.

Replies (1)
Yes ,in term of Section 24 , URD cannot make Interstate supply.
hence need to obtain Registration

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured ARTICLESHIP 28 October 2026
CA- Inter and Articles

N N V Satish & Co.,

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 25 October 2026
Article Intern (CA Articleship)

Arpan Bohra & Co

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 20 October 2026
CA ARTICLE

AMKN & CO

Noida

CA Inter

View Details
Company
19 October 2026
Accountants/Articles (Freshers/Experienced)

ADY & CO.

New Delhi

Graduate (Any)

View Details
Company
ARTICLESHIP 23 October 2026
CA Articleship / Article Assistant

M N Rao & Associates LLP

Vijayawada

CA Inter

View Details
Company
Featured ARTICLESHIP 31 October 2026
CA Articleship

apricus india

Navi Mumbai

CA Inter

View Details
Company
30 October 2026
Asst Manager Accounts

Goodwin Pumps India Pvt Ltd

Chengalpattu

CA Inter

View Details
Company
12 November 2026
Auditor

Oz Taxation

Vijayawada

Graduate (Any)

View Details