TMI BlogSALE OF PLANT AND MACHINERYX X X X Extracts X X X X X X X X Extracts X X X X ..... SALE OF PLANT AND MACHINERY X X X X Extracts X X X X X X X X Extracts X X X X ..... client is a Composition dealer, and now they want to sell their Plant and Machinery, purchased before 2017, 1. whether it is taxable , if it is taxable whether invoice is raised 2. what is the gst ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rate( as a composition dealer can we give invoice at 1% or other rate) Please give your suggestions Thanking You Sir Reply By Nikhil Chittora: The Reply: Invoice at 1% only Reply By V Rajalakshmi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... : The Reply: Dear Mr Lagudu Sivakumar I am of the opinion that your client can raise Inv with 1% GST at the same time ask him to check his overall turnover after the addition sale of the machine and ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... whether it does not exceed the prescribed limit. X X X X Extracts X X X X X X X X Extracts X X X X
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