https://www.taxtmi.com/article/detailed?id=16166 Sale of capital goods on which input tax credit has been availed requires a comparative computation under GST: the taxpayer must pay the higher of the credit attributable to the remaining useful life, computed on a five-year basis, or the GST payable on the transaction value. Paying tax only on the sale value is not sufficient if the reduced credit reversal is higher, and any shortfall attracts interest. Where the discrepancy is discovered, voluntary payment through DRC-03 with proper computation and disclosure is the suggested compliance response. en-us Wed, 08 Apr 2026 08:59:26 +0530 Wed, 08 Apr 2026 08:59:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=16166 Sale of capital goods on which input tax credit has been availed requires a comparative computation under GST: the taxpayer must pay the higher of the credit attributable to the remaining useful life, computed on a five-year basis, or the GST payable on the transaction value. Paying tax only on the sale value is not sufficient if the reduced credit reversal is higher, and any shortfall attracts interest. Where the discrepancy is discovered, voluntary payment through DRC-03 with proper computation and disclosure is the suggested compliance response. Articles Goods and Services Tax - GST Wed, 08 Apr 2026 08:59:26 +0530 https://www.taxtmi.com/article/detailed?id=16166