Sale of truck

This query is : Resolved 

07 March 2020 Ours is a pvt ltd company and we are holding two trucks which are to be sold to some other private limited company. There are certain queries on such transactions as follows :

Whether GST shall have to be paid to the supplier ?

Whether TDS shall have to be deducted by the supplier against the sale value ?

Please guide me and oblige.


Ok

09 March 2020 What about the purchase and WDV details of the vehicle...?!

09 March 2020 GST on the Vehicle Depends on whether you have availed ITC or Cenvat Credit ?
Secondly What is engine capacity of Truck?

With regards to TDS , TDS is not applicable on sale of goods including capital goods


25 May 2020 https://taxguru.in/goods-and-service-tax/sale-capital-goods-gst-regime.html



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

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries