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GST LIABILITY ON OLD VEHICLE SOLD

This query is : Resolved 
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(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
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CA Dileep Surya Kumar

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

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



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CA Dileep Surya Kumar

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CA Dileep Surya Kumar (Expert)
15 October 2019 No GST required to be paid under RCM for purchase from unregistered persons.

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