TAXABILITY OF SALE OF SECOND HAND PLANT MACHINERY

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....AXABILITY OF SALE OF SECOND HAND PLANT MACHINERY<br> Query (Issue) Started By: - NAMAN DOKANIA Dated:- 14-10-2019 Last Reply Date:- 19-10-2019 Goods and Services Tax - GST<br>Got 4 Replies<br>GST<br>M....

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..../s Xyz a partnership firm unregistered in GST is selling his old plant and machinery to M/s AbC unregistered located in another state for a value of &#8377; 18lakhs. m/s XYZ, seller has purchased the ....

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....machinery in preGST era. Will M/s XYZ need to charge gst on dat? if yes den wat will be the transaction value Reply By Ganeshan Kalyani: The Reply: Yes, GST is payable by M/a XYZ Reply By atul ra....

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....thod: The Reply: Yes, Compulsory registration for inter state supply irrespective of turnover Reply By praveenkumar mekalacheruvu: The Reply: How to calculate the trasanction value? Reply By KASTU....

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....RI SETHI: The Reply: Transaction value can be arrived at by way of adopting depreciation methods as per accounting principles. There are 4 depreciation methods. Since the unit was unregistered, no cr....

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....edit was taken on the capital goods.<br> Discussion Forum - Knowledge Sharing ....