24 December 2018
we are planning to sale our old machines to local dealer. Please advise whether the purchaser can avail GST credits on the machine we are planning to sell. Do we need to raise Tax Invoice? please advise
24 December 2018
Yes, you need to raise a tax invoice and the buyer can avail the ITC. You have to reverse the ITC if you had taken the same as per section 18 (6) and Rule 44 (b).
CAclubindia
