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Old passenger car sale GST Impact, Goods and Services Tax - GST

Issue Id: - 119789
Dated: 27-3-2025
By:- siby jose

Old passenger car sale GST Impact


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Sir, Proprietorship firm Purchase a car without GSTIN in purchase Invoice, accounted as Asset in 2021. Now sale it as Total loss for a scrap value. This sale GST are applicable? If so rate?

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1 Dated: 28-3-2025
By:- Shilpi Jain

8/2018-CT R will be applicable whereby since there is no profit on sale of car, there will be no GST liability.


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