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Gst on sell of fixed assets

Accounts 419 views 3 replies

Hello sir/mam

I purchased textile machines in 2008 in my property firm 

I enjoyed depreciation benefits till now. 

textile machinery falls in 18% GST category. 

now i want to sell them can i issue GST invoice for them?

 

Replies (3)
Yes, You can.
Mitesh
You have to raise invoice if you sell machine at profit and charge gst
Better to sale with GST.
It's avoid future compliance in GST...


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