GST on second hand pocklane machine

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na
175 Points Posted on 29 October 2021
One of the party having pocklane machine for business use selling it for 20 lakh can he charged gst on it. As other party purchasing it want to take itc on it.
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On 29 October 2021 at 19:21 Report
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Quick Summary
If you're selling a second-hand pocklane machine for business use, you will need to charge GST on the sale. The standard GST rate applicable to such transactions is 18%. The buyer can then claim Input Tax Credit (ITC) on the GST paid.

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Employee Private
1913 Points Posted on 30 October 2021
Yes, has to charge GST.
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On 30 October 2021 at 11:44
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na
175 Points Posted on 30 October 2021
How invoice will be made its second hand machine what rate of GST will be charged on it
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On 30 October 2021 at 13:57
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Employee Private
1913 Points Posted on 30 October 2021
Either Second hand machine GST will apply and the GST % will be 18%.
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On 30 October 2021 at 14:41

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