Dear Experts,
1. We have an proposal to sell the used machine as a part of exchange, while purchasing the new machine.
2. The balance will be paid through the Bank transactions.
3. The purchase of new machine comes under IGST.
4. Query :
How we need to send the used machine to out supplier?
Whether we need to raise the invoice or not?.
what are the statutory compliances needed to follow?.
CAclubindia
