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16 July 2017 sir Please tell me what is the rate of GST on old car sale by authorized dealer of car. Thanks in advance
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
17 July 2017 28% on margin.
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AJITKUMAR PATEL

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AJITKUMAR PATEL (Querist)
17 July 2017 but the purchase may be from unregistered person. then it may be 28% on total amount.
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
17 July 2017 As per rule 32(5) there is margin scheme on purchase & sale of old goods. In that you have to pay tax on margin amt only. No RCM applicable if purchased from unregistered dealer & you can't avail ITC also.
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AJITKUMAR PATEL

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AJITKUMAR PATEL (Querist)
17 July 2017 Thank You Madam for advise
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
18 July 2017 Welcome......
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AJITKUMAR PATEL

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AJITKUMAR PATEL (Querist)
18 July 2017 is compensation cess is applicable on old car
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
18 July 2017 Not applicable.
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