Home Forum Goods and Services Tax - GST Month 10 2018 2018 (10) This
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GST RATE FOR USED MEDICAL EQUIPMENT FOR Charitable Hospitable - Goods and Services Tax - GSTExtract Dear Sir, We are running Hospital under public charitable trust Hospital. Hospital Units are Exempted from GST,However we made GST Registration under GST in order to account for reverse charges,rent etc. We are selling our Old UltraSonography machine,which was purchased on 23/03/2011 for ₹ 18,59,000. Written down Value of above said machine as on today works out 5,09,912. Now we are selling the above equipment to the supplier of medical equipment on byback basis against purchase of New Ultra Sonography Equoipment,for which supplier of machinery has agreed to adjust cost of byback old equipment for ₹ 9,00,000 . Kindly intimate GST to be charged by us against sale of above said medical equipment. Kindly intimate rate of IGST and amount of IGST to be charged in bill
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