Whether GST will be levied on sale of re-possessed asset?
Sale of repossessed asset falls within the scope of supply and will be chargeable to GST.
Q 63 of GST FAQs on Financial Services Sector published by CBIC
Sale of repossessed asset falls within the scope of supply and will be chargeable to GST.
Q 63 of GST FAQs on Financial Services Sector published by CBIC