Easy Office
LCI Learning

Tax Treatment under GST

This query is : Resolved 
Profile Image

Profile Image

(Querist)
04 October 2020 what will tax treatment under GST
if fixed assets sold on profit and Loss.
Profile Image

CA Kushwanth AVSR

Profile Image

CA Kushwanth AVSR (Expert)
04 October 2020 If asset is sold for consideration then GST is applicable.
If asset is disposed off(not for consideratoin) and at the time of purchase, if ITC availed then GST is applicable.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links