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supply under gst
if any business asset,on which itc is not availed, is transferred without consideration...will that constitute supply of goods under schedule II point no. 4(a) of sec 7(1)(d)
Replies (4)
yes it will be supply of goods.
I think so ITC should be availed to consider such transfer as a supply.
it is just categorised as supply of goods under schedule 2 but for levy of gst it should availed gst n mere Constitution of supply does make it chargeable to gst
availed ITC**
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