https://www.taxtmi.com/caselaws?id=387269 The disposal of assets fastened to a building without consideration constitutes a "Supply" under Section 7 of the CGST Act, 2017, and is chargeable with GST. The value of such supply should be determined based on the open market value, the value of goods of like kind and quality, 110% of the book value in the accounts, or as per Rule 31 if none of the previous methods are applicable. en-us Fri, 20 Sep 2019 00:00:00 +0530 Wed, 12 Mar 2025 15:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=387269 The disposal of assets fastened to a building without consideration constitutes a "Supply" under Section 7 of the CGST Act, 2017, and is chargeable with GST. The value of such supply should be determined based on the open market value, the value of goods of like kind and quality, 110% of the book value in the accounts, or as per Rule 31 if none of the previous methods are applicable. Case-Laws GST Fri, 20 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=387269