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Sale of Fixed Asset
Whether sale of fixed asset is taxable under GST?
Replies (8)
Yes gst is applicable
If your registered under GST & the input is taken , its treated as supply & GST Attracts!
Thank you sir
Yes, provided the dealer is a registered taxable dealer.
If sale of fixed assets sale for loss no gst is applicable
Yes in term of Section 7 of CGST it's an supply & GST is applicable.
Gst is applicable
Yes. GST is applicable on sales of assets whether on loss or profits.
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