GST Impact on old car sold

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RAKESH (Querist)
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23 April 2021 A company hold GST Number and sold old car with profit.

any GST liability on company.. please reply as per rule or provisions applicable on company .

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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23 April 2021 18% GST applicable on profit on sale.

RAKESH

RAKESH (Querist)
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23 April 2021 please reply as per rule or provisions applicable on company .

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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23 April 2021 As per rules..................

CA Puja Sharma

CA Puja Sharma (Expert)
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24 April 2021 You can refer to Notification No. 8/2018 -Central Tax (Rate) dated 25.01.2018

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