CAR SALE AND INVOICE TO BE RAISED, Goods and Services Tax - GST

[X Y]

Registered taxpayer has sold car on loss/profit as per WDV method of Income Tax Act, Which document, he should issue-Bill of Supply or Tax Invoice. If Bill of supply/Tax invoice is issued, whether to be reported in GSTR-1

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[Shilpi Jain]

This is not an exempt supply. Just that if there is a loss no GST is payable.

So go ahead and issue tax invoice.