Transfer a car from my one company to my other company

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shikha (Querist)
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06 May 2024 Hi all

I have to transfer a car from my one company to my other company . Is it mandatory to raise the tax invoice and at what value?

CA R SEETHARAMAN (Expert)
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07 May 2024 If you are transferring to book value tax invoice not required. GST not applicable on sale at book value.

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