Asset Procurement and Transfer with SAP GST

[former_member225044]

Hello,

Earlier CIN we procure Asset material after that 50% amt captured and 50% captured next yr, Is their again we have same scenarion in SAP GST,

How to Procure Asset material with GST Values and paid of GST invoice

How to Transfer asset material with GST Values , is their any specific procedure for this?

Thanks

sapman man

[former_member225044]

Is anybody faced the asset procurment and asset transfer in SAP GST

[former_member805604]

Hi any one has faced this issue and how to print GST Invoice for Asset transfer from one location to other location

[former_member198650]

Hi,

In GST, either you can get entire GST credit for capital goods purchase or capitalize the GST also to asset and depreciate over the useful life of the asset. However, for building material you won't get any GST credit. For transferring the asset you have to charge the GST on Asset sale invoice.

Thanks & Regards,

Mukthar