Tax Management India. Com
                            Law and Practice: A Digital eBook ...
TMI - Tax Management India. Com
Case Laws Acts / Rules Notifications Circulars Tariff/ ITC HSN Forms Manuals SMS News Articles
Highlights
        Home        
 
Extracts
Home List
← Previous Next →

Regarding Transfer Of Motor Vehicle Without Consideration.

Goods and Services Tax - Started By: - Shyam Agarwal - Dated:- 4-12-2018 Last Replied Date:- 5-12-2018 - Sir, Mr.A purchased a Motor Car as a business assets in GST Era. But as ITC is blocked,He has not taken the ITC of the same. Now, He wants to Gif .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

As per schedule I, disposal of business assets where input tax credit has been availed on such assets shall be treated as supply even if it is without consideration. No GST is to be charged. - Reply By DR.MARIAPPAN GOVINDARAJAN - The Reply = GST is .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

Discussion Forum
what is new what is new
 


|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.