GST Liability on sale of old/used trucks
This query is : Resolved
TARIQUE RIZVI
(Querist)
17 January 2024
Dear Sir,
We have to sell old/used trucks. What will be the GST liability on sale of old/used trucks ?
Is it 18%
or
is it 28%
We have to sell old/used trucks. What will be the GST liability on sale of old/used trucks ?
Is it 18%
or
is it 28%
20 January 2024
If a registered dealer sells a used motor vehicle, GST is applicable. The rate of GST applicable on the sale of used motor vehicles is 18%, irrespective of whether the buyer is a registered dealer or an end consumer.
https://getswipe.in/blog/post/gst-applicability-sale-used-motor-vehicles#:~:text=Sale%20of%20used%20motor%20vehicles%20by%20registered%20dealers%3A,dealer%20or%20an%20end%20consumer.
https://getswipe.in/blog/post/gst-applicability-sale-used-motor-vehicles#:~:text=Sale%20of%20used%20motor%20vehicles%20by%20registered%20dealers%3A,dealer%20or%20an%20end%20consumer.
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