Gst on sale and purchase of seconds cars
This query is : Resolved
24 July 2019
Please give the Suggestion for either GST Applicable or Not. If Applicable How much Rate of GST
1. Car is Other Persons Delivered to My Show Room. But Car is not Registered In the Name of Show Room. But We are taking Undertaking form only. on this form we will give the Amount to Car Owner.
When car sell that loan will comes to Show room Persons on behalf of Purchaser. when full amount received from Banks and Purchaser. we call to Car Owner to come and Registered in this name of Purchased. This type of Sale and Purchase.is there any GST on this type of Transaction. if its How much Tax Rate
Some time we are all bye and sell is there any GST on this Transaction if its how much GST Rate
Please clarify this
Thanking You
1. Car is Other Persons Delivered to My Show Room. But Car is not Registered In the Name of Show Room. But We are taking Undertaking form only. on this form we will give the Amount to Car Owner.
When car sell that loan will comes to Show room Persons on behalf of Purchaser. when full amount received from Banks and Purchaser. we call to Car Owner to come and Registered in this name of Purchased. This type of Sale and Purchase.is there any GST on this type of Transaction. if its How much Tax Rate
Some time we are all bye and sell is there any GST on this Transaction if its how much GST Rate
Please clarify this
Thanking You
25 July 2019
!8% GST payable on the margin(profit) you earn on the sale of car.
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