what is the GST rate on sale of old plant & machine ?
Also mention the treatment in books of accounts
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RATE OF GST
Replies (4)
No more specific rate for old machineris. You can charge as per GST value of tax in the new one.
When there is no specific GST rate , it is assumed to be general rate that is 28%
Generally machineris rate under the rate @ 18%...
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