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AGM ACCOUNTS
57 Points Joined April 2012
we have capital asset of barges.now we are selling to the party what is the gst rate.ITC avaible to the party.
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On 29 July 2017 at 21:21 Report
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Practicing Advocate and Corporate Consul
202 Points Joined October 2007
Are You a trader of barges? But from your question I understood that this is nota regular transaction. In such case, in my opinion you are not attracted by GST
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On 29 July 2017 at 22:15
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Practicing Advocate and Corporate Consul
202 Points Joined October 2007
Further if the party dealing with you is a dealer, let us suppose, then such person pays GST on RCM basis.
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On 29 July 2017 at 22:17
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Practicing Advocate and Corporate Consul
202 Points Joined October 2007
And ny further selling it to some body he can avail ITC.
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On 29 July 2017 at 22:19
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AGM ACCOUNTS
57 Points Joined April 2012
we are service provider under gst .our buyer also registered dealer using that barged for inland water transport
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On 29 July 2017 at 22:51

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