Disposal of asset by beneficial ownership

I have 2 companies:-
Company A – Non-Registered Person (Legal ownership of the Asset)
Company B – Registered Person (Beneficial Ownership which the asset park under this company)

Which Company should issue the invoice if asset is going to dispose?

As if Company A to issue the invoice, my account of Company B will record the disposal without GST while the asset is park under Company B.

Asked on January 5, 2017 2017-01-05 07:58:04 Business (商家)
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1 Answer(s)

Company A cannot issue Tax Invoice nor charged GSt.
Only Company A can sell the asset as legal ownership.

Answered on January 5, 2017. 2017-01-05 09:59:51
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