Sale of moulds

one of my client purchased fixed assets
(870 moulds) on 22/2/2019 for manufacturing of paver block. now he is selling all the moulds.
my question is should we pay the Gst as per proviso given in section 18(6) or normal provision as applicable to fixed assets
Replies (2)
Quick Summary
A client is selling 870 moulds previously purchased as fixed assets for paver block manufacturing. The discussion seeks clarification on whether GST should be applied according to the proviso in Section 18(6) or the standard provisions for fixed asset sales. The consensus is that GST is applicable on the sale of moulds, even if sold as scrap.

Are you selling as Scrap ?.
Yes GST is applicable on moulds and dies

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 07 November 2026
Article Assisstant

DPV & Associates

Chennai

CA Inter

View Details
Company
13 November 2026
Chartered Accountant - Fresher

Neeraj Bhagat & Co

New Delhi

CA

View Details
Company
ARTICLESHIP 14 November 2026
Article Assistant

Jitendra Agarwal & Associates

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 22 October 2026
Articleship intern

Srinath Manikanta

Hyderabad

CA Inter

View Details
Company
Featured ARTICLESHIP 28 October 2026
CA- Inter and Articles

N N V Satish & Co.,

Hyderabad

CA Inter

View Details
Company
10 November 2026
FP&A Executive

Gujarat Guardian

Ankleshwar

CA Final

View Details
Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details