INPUT ON TRANSFER OF BUILDING SHED TO BRANCH
This query is : Resolved
13 December 2024
Hello Members,
There is a question that one assessee transfer its capitalized Building & Factory shed parts to its branch in other state, there are two questions that:
1. whether while transferring the Building & factory shed parts to branch GST is to be charged on it or not???
2. If GST is charged on it then branch can avail such ITC or not???
Please help regarding this matter.
Thanks
There is a question that one assessee transfer its capitalized Building & Factory shed parts to its branch in other state, there are two questions that:
1. whether while transferring the Building & factory shed parts to branch GST is to be charged on it or not???
2. If GST is charged on it then branch can avail such ITC or not???
Please help regarding this matter.
Thanks
13 December 2024
Transfer of building or shed doesn't attract GST.
13 December 2024
No GST even in case of branch transfer?
13 December 2024
GST is not applicable over land & building, even if sold to third party.
13 December 2024
Thank You for your reply
13 December 2024
You are welcome.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is bank account verify small transaction taxable?
- Receive intere on capital
- DEATH OF THE KARTA OF HUF
- Tax liabilty for a Indian person stay abroad earning salary in foreign country and paying tax as per
- TDS on Purchase of Property From NRI after 23.07.2024
- INPUT ON TRANSFER OF BUILDING SHED TO BRANCH
- Regarding Insurance Charges of Vehicle owned by relative charged to P&L or Not?
- REGARDING PROPERTY TDS
- Trade Licence registration for architects in Chennai
- TDS calculation on notice pay recovery
- Regarding amendment in invoices through GSTR 1A
- Caselaws for the concept of mutuality
- RCM liability / ITC statement
- How to determine Holding period of shares in the case of ( Listed shares)
- How to capital Gain in the case sale of shares after after right issue (STCG and LTCG)
- Capital in the case of sale of shares after Merger or Demerger
- Adjusted from Capital account
- AMT PAYABLE UNDER VIVAAD SE VISHWASH SCHEME 2024
- Need SAC and HSN code and which under itis consider
- GSTR9 LIABILITY
Trending Online Classes
-
6 days Certification Course on GST Practical Return Filing Process
CA Pratibha Goyal16 December 2024
CAclubindia
