WebSep 20, 2024 · GST on sale of scrap or waste by Government Departments In this respect, we will refer to Circular No. 76/50/2024- GST dated 31st December 2024 which provides clarification on issues in respect of the sale of used vehicles, seized and confiscated goods, old and used goods, waste, and scrap by Government departments. WebApr 10, 2024 · Step 3: You will be on the ‘File Returns’ page. Select the ‘Financial Year’ and the ‘Return Filing Period’ from the drop-down list. To go on, click on ‘SEARCH.’. Step 4: Locate the tile titled ‘Monthly Return GSTR-3B’ and click ‘PREPARE ONLINE.’. Step 5: Enter the values for each section.
Sale of a Business or Part of a Business - Canada.ca
WebApr 14, 2024 · Union Minister for Fisheries, Animal Husbandry and Dairying Parshottam Rupala today made it clear that the country will not import dairy products like butter and the supplies will be improved with the help of huge untapped domestic sector. Get more India News and Business News on Zee Business. WebJan 25, 2024 · Notification No. 8/2024 -Central Tax (Rate) New Delhi, the 25 th January, 2024. G.S.R. 82 (E).-. In exercise of the powers conferred by sub-section (1) of section 11 of the Central Goods and Services Tax Act, 2024 (12 of 2024), the Central Government, on being satisfied that it is necessary in the public interest so to do, on the ... joachim kroll cause of death
Sale of Capital goods & Understanding GST Impacts on it
WebApr 1, 2024 · The value of the supply to calculate GST will be INR 50,000 (The difference between the selling and the purchase price for the company - 3,50,000 - 3,00,000). Note: When the margin scheme is opted for a transaction of second-hand goods, the person selling the car to the company will not issue any taxable invoice and the company … WebAmount of GST (tax) payable on the sale of capital goods: Get Free Bonus Report: Claim 100% ITC for your business. As per section 18 (6) of the Central Goods and Services … WebAug 29, 2024 · Supply of used assets by Composite Dealer. A person who has opted for composition scheme is required to pay tax at a fixed rate without ITC as prescribed … joachim in the bible verses