dear experts,
my partnership firm is into supply of goods.we have purchased commercial vehicle last year pre GST period.this year I want to sale them to some individual or may be partners .do this transaction will attract GST...??
Menu
sale of car by firm to partner or urd
Replies (1)
yes if a person sold his business asset then it will attract provison of gst.yes it is not main activity of your business but it is supportive in the nautre of your business.
Recent Threads
- Itr 4 return filing question
- Whether GST applicable on Hardship Compensation pa
- ITC cannot be denied to Bona Fide Buyers for Suppl
- Unused ITC for Hotel after GST Change
- CA FINAL SPOM
- 44ad presumption of tax
- Friendly loan to blood relative?
- Tds penalty for in operative pans
- TDS on Property- 26QB filing Doubt
- HSN code for Exempted supplies
Related Threads
CAclubindia
