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SALE OF USED MOTOR CAR

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..... SALE OF USED MOTOR CAR
Query (Issue) Started By: - SURYAKANT MITHBAVKAR Dated:- 17-4-2019 Last Reply Date:- 17-4-2019 Goods and Services Tax - GST
Got 1 Reply
GST
We have to sell our Moto .....

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..... r car which is fixed assets in our company purchased before 1st July,2017. Under Notification No. 08/2018 CT (Rate) mentioned rate of GST with conditions. Our vehicle is diesel driven motor vehicle .....

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..... of engine capacity of below 1500cc and of length of 4000mm. Whether the above condition is applicable to GST rate as well as GST compensation Cess. If yes we have to sell the vehicle without chargin .....

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..... g of GST rate as well as GST Compensation Cess. Reply By PAWAN KUMAR: The Reply: Dear sir As per my view gst@12,% and compensation cess nil shall be charged. GST shall be charged on 65% of value on .....

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..... the margin of old used car.
Discussion Forum - Knowledge Sharing .....

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