GST on sale of re-possessed asset : CBIC Claify

By | June 4, 2018
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(Last Updated On: June 4, 2018)

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

Direct Taxes Ready Reckoner
Service Tax Ready Reckoner
Company Law Ready Reckoner
tax deduction at source

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