There has been a lot of talks recently, and confusion as to whether GST has to be paid on sale of capital goods or not. I have tried to clear this by explaining the above aspect in the following scenarios.
1. Capital Goods Supplied for a consideration on which ITC has been availed.
2. Capital Goods Supplied for a consideration on which ITC has not been availed (Including assets acquired before GST Regime).
3. Capital Goods Supplied for NIL consideration on which ITC has been availed.
4. Capital Goods Supplied for NIL consideration on which ITC has not been availed (Including assets acquired before GST Regime).
Source Taxguru
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