old car dealer eligibilty for composition dealer

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Person dealing in old cars , can he opt for composition dealer and pay 1%, or normal dealer and with 18% on margin.Pls guide. - Reply By DR.MARIAPPAN GOVINDARAJAN - The Reply = In my view it can be .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... do so if the turnover is within the threshold limit. - Reply By KASTURI SETHI - The Reply = I support the views of Dr.Govindarajan, Sir. - Reply By Ganeshan Kalyani - The Reply = Sale of old car f .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... or regular dealer will be offered for tax @12% or 18% depend upon the type of car on the differential value of sale price less depreciated value of that car as per income tax. - old car dealer eligib .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ilty for composition dealer - Query Started By: - satbir singhwahi Dated:- 24-10-2018 Goods and Services Tax - GST - Got 3 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expe .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... rt, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X