GST on sale of re-possessed asset : CBIC Claify

By | June 4, 2018
(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

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