Selling of Old Mobile phone

1059 views 1 replies
Hello Members

Please suggest me i am selling my old Mobile phone who purchase in 06,2018 and book in company account as a Fixed Asset

Now i am selling the mobile phone on half price of purchase value

Should i issue invoice to buyer with GST
Replies (1)

Have you claimed ITC of GST at the time of purchase

if Yes then you have to charge GST and also there is reversal in ITC claimed as per rules 

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