TMI BlogHOW MUCH PERCENTAGE GST CHARGE WHEN WE REMOVE OLD MACHINERY AS SCRAPX X X X Extracts X X X X X X X X Extracts X X X X ..... sir, WE HAVE PACKAGING INDUSTRIES MANUFACTURING A PLASTIC FILM ROLL. WE WANT TO REMOVE ONE OLD MACHINERY AS A SCRAP(USE APPROXIMATELY ABOVE 10 YEARS) KINDLY TELL ME HOW MUCH PERCENTAGE GST WE N ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... EED TO CHARGE ON SCRAP VALUE BILL OF OLD MACHINERY REMOVE FROM FACTORY. KINDLY GIVE YOUR VALUABLE SUGGESTION THANKING YOU - Reply By Alkesh Jani - The Reply = Sir, my point of view is that, as th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e machinery is 10 years old, the value shall be the transaction value and 18% (CGST+SGST) is applicable. - Reply By Ganeshan Kalyani - The Reply = gst is payable on transaction value. - HOW MUCH P ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ERCENTAGE GST CHARGE WHEN WE REMOVE OLD MACHINERY AS SCRAP - Query Started By: - BHAKTIKANT BHATT Dated:- 22-3-2018 Goods and Services Tax - GST - Got 2 Replies - GST - Discussion Forum - Knowledge ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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