TMI BlogSALE OF USED MOTOR CARX X X X Extracts X X X X X X X X Extracts X X X X ..... We have to sell our Motor 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 i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s diesel driven motor vehicle 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 t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... o sell the vehicle without charging 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. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... GST shall be charged on 65% of value on the margin of old used car. - SALE OF USED MOTOR CAR - Query Started By: - SURYAKANT MITHBAVKAR Dated:- 17-4-2019 Goods and Services Tax - GST - Got 1 Reply - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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