TaxTMI 
TaxTMI 
HOW MUCH PERCENTAGE GST CHARGE WHEN WE REMOVE OLD MACHINERY AS SCRAP
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....OW MUCH PERCENTAGE GST CHARGE WHEN WE REMOVE OLD MACHINERY AS SCRAP<br> Query (Issue) Started By: - BHAKTIKANT BHATT Dated:- 22-3-2018 Last Reply Date:- 26-3-2018 Goods and Services Tax - GST<br>Got 2....
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.... Replies<br>GST<br>sir, WE HAVE PACKAGING INDUSTRIES MANUFACTURING A PLASTIC FILM ROLL. WE WANT TO REMOVE ONE OLD MACHINERY AS A SCRAP(USE APPROXIMATELY ABOVE 10 YEARS) KINDLY TELL ME HOW MUCH PERCE....
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....NTAGE GST WE NEED TO CHARGE ON SCRAP VALUE BILL OF OLD MACHINERY REMOVE FROM FACTORY. KINDLY GIVE YOUR VALUABLE SUGGESTION THANKING YOU Reply By Alkesh Jani: The Reply: Sir, my point of view is th....
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....at, as the machinery is 10 years old, the value shall be the transaction value and 18% (CGST+SGST) is applicable. Reply By Ganeshan Kalyani: The Reply: gst is payable on transaction value.<br> Discu....
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