Old passenger car sale GST Impact

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..... Old passenger car sale GST Impact
Query (Issue) Started By: - siby jose Dated:- 27-3-2025 Last Reply Date:- 28-3-2025 Goods and Services Tax - GST
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GST
Sir, Proprietorship firm .....

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..... 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? Reply By Shilpi Jain: The Reply: .....

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

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