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Hii i purchased battery worth rs 11000 and gave the vendor old battery worth rs 5000. Now will the replacement be treated as scrap sales and do i have to pay gst on 5000??
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As per section 7 (1) of the CGST act 2017 all forms supply of Goods or services or both such as of disposal made or agreed to be made for consideration by a person in the course of furtherance Business will be treated as supply . So in my opinion GST applicable if old battery was used for Business .
please take others opinion as well .
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