banner_ad

GST LIABILITY ON OLD VEHICLE SOLD

This query is : Resolved 
Profile Image

Profile Image

(Querist)
15 October 2019 Dear Experts
We are registered dealer of mahindra vehicle. we purcahsed old vehicle from customer and sale to other customer.
we pay gst only on the margin we earned.

do we doing right
Profile Image

CA Dileep Surya Kumar

Profile Image

CA Dileep Surya Kumar (Expert)
15 October 2019 Yes ,if you are a dealer ,gst required to be charged only on margin (Sale - purchase)
Profile Image

Gokul Sharma

Profile Image

Gokul Sharma (Querist)
15 October 2019 but sir we are doing unregistered purchase....is there any rcm liability
Profile Image

CA Dileep Surya Kumar

Profile Image

CA Dileep Surya Kumar (Expert)
15 October 2019 No GST required to be paid under RCM for purchase from unregistered persons.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
12 May 2026
Accounts Executive

Nafa Group

Mumbai

B.Com

View Details
Company
11 May 2026
Post office

Post office

Anakapalle

Others

View Details