GST LEVY ON TFR OF BUSINESS ASSET WHERE NO ITC AVAILED

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....ST LEVY ON TFR OF BUSINESS ASSET WHERE NO ITC AVAILED<br> Query (Issue) Started By: - Akash Aggarwal Dated:- 12-4-2020 Last Reply Date:- 13-4-2020 Goods and Services Tax - GST<br>Got 1 Reply<br>GST<br....

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....>Sale of fixed asset (business asset) for consideration by a registered dealer is liable to gst where ITC has not been availed on the said asset? Ref M/s Sameera Trading Co AAR Karnataka = 2019 (10) T....

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....MI 1094 - AUTHORITY FOR ADVANCE RULING, KARNATAKA Reply By PAWAN KUMAR: The Reply: Dear sir, As per my view, it is cover under clause 4 schedule II of CGST Act, hence liable for gst.<br> Discussion....

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