Become GST Expert
imarticus

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Bike insurance and repair

This query is : Resolved 

02 October 2022 Hyy, i want to know that how insurance and its taxation working in Bike showrooms , from buying it and when bike owner withdraw his insurance for various reasons. can someone explain with examples please.

02 October 2022 What you mean by bike owner withdraw his insurance? Till it is sold to customer, there would be no owner...

02 October 2022 Yeah means who buys the bike is owner of the bike

02 October 2022 For the show room its just stock, so the insurance is for all the existing stock in trade. When any bike is sold the stock gets reduced to that effect.

05 October 2022 Ok sir thank you for your time

05 October 2022 You are welcome...



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries


GST Course
Zoho
caclubindia books caclubindia books


Answer Query