Wdv for old truck sale

What depreciation method will be used for calculation of wdv for sale of old truck. (For calculation of gst on profit)

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Quick Summary
When selling an old truck, determining the correct Written Down Value (WDV) is crucial for calculating GST on any profit made. This discussion explores which WDV method should be applied for this purpose. Specifically, it questions whether the WDV should be calculated according to the Companies Act or the Income Tax Act to ensure accurate GST liability.

For calculating GST on profit, we need to determine the WDV method  of the asset sold. 

The wdv as per companies act or income tax act. 

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