Disposing of Building-Fastened Assets Without Consideration Is a GST Supply of Goods, Liable to Taxation.

Disposing of Building-Fastened Assets Without Consideration Is a GST Supply of Goods, Liable to Taxation. https://www.taxtmi.com/highlights?id=49803 Supply or not - disposing off assets (no CENVAT/VAT Credit was taken) fastened to the building on delivering possession to the lesser, on which no consideration will be received - such transfer or disposal would be a supply of goods by the applicant and it is immaterial whether the said transfer/disposal is for a consideration or not - liable to GST. en-us Sat, 19 Oct 2019 20:44:57 +0530 Sat, 19 Oct 2019 20:44:57 +0530 TaxTMI RSS Generator Disposing of Building-Fastened Assets Without Consideration Is a GST Supply of Goods, Liable to Taxation. https://www.taxtmi.com/highlights?id=49803 Supply or not - disposing off assets (no CENVAT/VAT Credit was taken) fastened to the building on delivering possession to the lesser, on which no consideration will be received - such transfer or disposal would be a supply of goods by the applicant and it is immaterial whether the said transfer/disposal is for a consideration or not - liable to GST. Highlights GST Sat, 19 Oct 2019 20:44:57 +0530 https://www.taxtmi.com/highlights?id=49803