banner_ad

GST applicability on second hand motor vehicle /old & used motor vehicle sale.

This query is : Resolved 

09 August 2021 Vehicle bought on 16/7/2014-Rs.29.35 lacs
Vehicle sold on 23/7/2021-Rs.18 lacs
WDV as per IT -975826/-
WDV as per companies act-895985/-
If Input GST not claimed. Whether GST payable on outward supply and rate & Basis ie margin or outward supply?

If input GST claimed .Whether GST payable on outward supply and rate & Basis?


26 September 2021 Yes.GST Needs to be discharged on the actual amount of selling.


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


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details