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    <title>Sale of old machinery under gst</title>
    <link>https://www.taxtmi.com/forum/issue?id=120158</link>
    <description>Replies state a regular taxpayer may claim Input Tax Credit on purchase of used ginning machinery if supplied with a proper tax invoice and other GST conditions are met; on resale the transfer is a taxable supply requiring GST at the applicable rate on the taxable value, with proper documentation and compliance. A question remains whether an invoice for sale as scrap should describe the item as ginning machinery with its HSN or as scrap with a scrap HSN.</description>
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    <pubDate>Wed, 18 Jun 2025 16:21:38 +0530</pubDate>
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      <title>Sale of old machinery under gst</title>
      <link>https://www.taxtmi.com/forum/issue?id=120158</link>
      <description>Replies state a regular taxpayer may claim Input Tax Credit on purchase of used ginning machinery if supplied with a proper tax invoice and other GST conditions are met; on resale the transfer is a taxable supply requiring GST at the applicable rate on the taxable value, with proper documentation and compliance. A question remains whether an invoice for sale as scrap should describe the item as ginning machinery with its HSN or as scrap with a scrap HSN.</description>
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      <law>GST</law>
      <pubDate>Wed, 18 Jun 2025 16:21:38 +0530</pubDate>
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