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All QuestionsCategory: GST ConsultancyWILL FIXED ASSET(CAR) TAKEN BY PROP. BE TREATED AS SUPPLY IN GST
Profile photo of Rishabh BansalRishabh Bansal asked 5 years ago

WILL FIXED ASSET(CAR) TAKEN BY PROP. BE TREATED AS SUPPLY IN GST

R/MADAM
ONE OF MY CLIENT HAD PURCHASED A CAR ON 5TH JUNE 2017(i.e. BEFORE GST) & ON 15th APRIL 2019 HE TRANSFERRED IT FOR PERSONAL USE VIA CAPITAL ACCOUNT. WILL IT BE SUPPLY UNDER GST? IF YES, UNDER WHICH SECTION/PROVISION AND IF NOT THEN WHY NOT? PLEASE HELP ME

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